TICA completes Smardt move – Cooling Post

Smardt founder Richmond-Smith with Jiang Li, chairman and CEO of the TICA Group in 2018

CHINA: Chinese air conditioning manufacturer TICA has obtained the remaining shares in the Montreal-centered oil-totally free centrifugal chiller producer Smardt. 

TICA took a the vast majority stake in the Montreal-based mostly Smardt Chiller Group in 2018. 

Jiang Li, TICA chairman, has assumed the supplemental function of government chairman of Smardt, succeeding Smardt founder Roger Richmond-Smith, who is retiring. Richmond-Smith was also a co-founder of advancement of magnetic bearing technologies and the Turbocor oil-no cost compressor.

Smardt was founded in 2005 and grew to encompass production facilities in Canada, United states of america, Australia, China and Germany and product sales and provider functions masking the Americas, Asia Pacific, Australia, China and EMEA.

Established in 1991, TICA has founded 4 producing plants in China, a manufacturing unit in Malaysia and analysis and development centres in China, Japan, Italy, Australia and Canada as well as 100+ revenue and provider retailers.

The two organizations share a primary emphasis on electricity conservation by drinking water-facet oil-free chillers and air-aspect AHUs and technique integration.

Connected stories:

Smardt enters JV with Chinese team12 Oct 2018
CANADA/CHINA: Chinese air conditioning manufacturer TICA has taken a vast majority stake in the Montreal-centered Smardt Chiller Group to form TICA-Smardt. Go through more…

Smardt pushes oil-free chiller to 3600TR4 March 2021
CHINA: Smardt has expanded its world wide oil-free chiller range to 3600TR with the first cargo from its JV companion TICA’s Nanjing manufacturing facility. Examine more…

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