Vertiv's Chinese subsidiary acquires assets and technologies from BiXin Energy, aligning with growth strategy.

From Nasdaq: 2024-12-20 06:47:48

Vertiv’s Chinese subsidiary has acquired assets and technologies from BiXin Energy Technology, a manufacturer of chillers, heat pumps, and air-handling units. The acquisition includes oil-free, magnetic-bearing centrifugal water-cooled and air-cooled chillers with cooling capacities up to 5.5 MW. Vertiv CEO Giordano Albertazzi stated that this acquisition aligns with their strategy of adding early-stage technologies to their portfolio. Since early 2024, Vertiv has been manufacturing Vertiv-branded products in partnership with BiXin Energy Technology for customers in China and Asia.



Read more at Nasdaq: Vertiv Announces Acquisition Of Certain Assets, Technologies Of BiXin Energy – Quick Facts