Acquisition strengthens sustainable HVAC solutions and services for pharmaceutical, food and beverage, and automotive industries in key markets
BRUSSELS, Belgium – May 4, 2023 – Trane® – by Trane Technologies (NYSE:TT), a global climate innovator, has acquired MTA, an Italian-based manufacturer and distributor of sustainable solutions in industrial process cooling, air conditioning and air treatment. Providing process chillers and an expanded rental and services business, MTA will strengthen Trane’s Commercial HVAC ability to bring efficient sustainable solutions to pharmaceutical, food and beverage, and automotive industries in key markets.
“We’re very excited to welcome our new colleagues and to begin collaborating on new ways we can serve our customers,” said Jose La Loggia, president, Commercial HVAC EMEA, Trane Technologies. “MTA’s reputation for quality and leading innovation will further strengthen our capabilities to help our customers further decarbonize their operations with sustainable high-performance industrial process cooling, air conditioning and air treatment.”
Nearly 500 new employees, mainly in Europe, will join the Trane Technologies team. MTA’s manufacturing sites in Tribano and Conselve, Italy, and its international sales offices will further expand Trane Technologies’ presence.
“Trane Technologies is the perfect fit for MTA,” said Marco Motton, CEO, MTA. We share a common purpose – to innovate for our customers and deliver sustainable solutions and superior service. I am excited for our future together.”
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About Trane Technologies
Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes, and transportation. For more on Trane Technologies, visit Trane Technologies .
MTA is an Italian enterprise that has been producing equipment for the treatment of compressed gases, industrial refrigeration and air conditioning for over 30 years. Over the years, it has succeeded in developing an international commercial presence, earning an excellent reputation for the quality of its products, for its flexibility and customer orientation.