Aira acquires Italian contractors group

ITALY: Swedish heat pump start off-up Aira has acquired the the T5 Group of Italian plumbing, heating and air conditioning and electrical contractors.

Stockholm-centered expenditure team Vargas announced its entry into the European heat pump industry previously this thirty day period with Aira, a immediate-to-customer firm presenting warmth pumps on a regular subscription.

It was declared that Aira was piloting in Italy, with launches scheduled for Germany and the British isles in the autumn. 

As element of that start in Italy, it can be unveiled that Aira has acquired the T5 Team, which was fashioned from the acquisition of provider and routine maintenance company Panzini Srl by contractor Termocinque in 2021. The most latest accounts demonstrate a turnover of almost €10m with a pre-tax income of €1m. The extensive-founded providers are primarily based in the provinces of Camerano and Sirolo in the Ancona region.

Heading up the Italian operation is Mats Ulriksson, founder and CEO of a Swedish company of handcrafted leather merchandise. He was recruited by Vargas previous calendar year as managing director Italy and now turns into CEO of Aira Italy.

He is supported by Filippo Luna who was CEO of Termocinque-Panzini and now becomes director of support operations in Italy. 

Technology offer

Even further to the new report Aira experienced signed a engineering offer with ES Electrical power Help save Keeping AB, a Swedish heat pump company producing a selection of R410A and R32 models.

Aira has considering the fact that verified that ES Electrical power Save has now entirely analyzed and certified a brand name new R290 selection, although not but officially launched. “When Aira start our new assortment of products and solutions we will use R290. Moreover, Electrical power Save are now performing by their own launch plan for these new goods,” an Aira spokesperson claimed.

Relevant tales:

Company indicators technological know-how offer with heat pump start out-up Aira25 June 2023
SWEDEN: Swedish warmth pump organization ES Power Conserve Keeping AB claims to have signed a technology agreement with Aira, the Swedish get started-up giving heat pumps on a regular membership. Browse more…

Aira is new challenger in heat pump current market – 18 June 2023
SWEDEN: Stockholm-centered expense group Vargas has introduced its entry into the European heat pump sector with Aira, a immediate-to-buyer business providing heat pumps on a month to month subscription. Read more…

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