Ingersoll-Rand buys ICS Cool Energy

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Published: 24 January 2018


Ingersoll-Rand has bought UK chiller company ICS Cool Energy. 

ICS Cool Energy, based in Southampton,  specialises in the temporary rental of chillers for commercial and industrial buildings across Europe. It also sells, permanently installs and services high performance temperature control systems for all types of industrial processes. 
Dave Regnery, executive vice president of Ingersoll Rand, said: “ICS Cool Energy is a leader in the high margin rental services business with a reputation for strong customer service, helping building owners enhance productivity and reduce environmental impact. This acquisition is a strong fit with our Trane business, and strengthens our growth plans and ability to serve a broader range of customers in the important European market.” 

Simon West, Group CEO at ICS Cool Energy, said: "We are excited to be part of Ingersoll Rand because of its market leadership, strong values and commitment to customers. Our track record of customer service, our footprint and our capabilities in temporary rental services are complementary to the Trane business. Together, we will create even greater value for European customers.”