30 August 2022
Global climate innovator Trane Technologies is set to purchase AL-KO Air Technology, a division of AL-KO SE, based in Jettingen-Scheppach, Germany. The move will see approximately 800 AL-KO Air Technology employees in Europe and China join the Trane Technologies teams once the transaction closes. AL-KO Air Technology's three manufacturing sites ─ in Jettingen-Scheppach and Wittenberg, Germany and Taicang, China ─ will become part of Trane Technologies, along with its sales offices in Europe and Asia.
With a transaction expected to close towards the end of the year, Jose La Loggia, president of Trane Commercial HVAC in EMEA, said: "With a reputation for sustainable solutions, innovation, and quality, AL-KO Air Technology will be a natural extension of our robust Commercial HVAC platforms in Europe and Asia, and our focus on healthy and efficient buildings. We're looking forward to welcoming our new colleagues from AL-KO Air Technology, and together helping our customers achieve their goals for high-performance heating, cooling and ventilation, indoor air quality, and decarbonisation."
AL-KO Air Technology designs, manufactures, sells and services a full line of sustainable air handling units and extraction systems for a broad range of applications in diverse markets, such as pharmaceutical, healthcare, industrial processes, retail, recreation, and commercial buildings. AL-KO Air will bring complementary, high-performing solutions to the comprehensive Trane Commercial HVAC product and services portfolios in Europe and Asia.
"Trane Technologies is the perfect home for AL-KO Air Technology," said Christian Stehle, current CEO of AL-KO Air Technology. "We share a commitment to sustainable innovation, operational excellence, superior customer service and an uplifting culture. I am excited for our future together."