90 YEARS OF PROGRESS IN HEAT EXCHANGE SOLUTIONS Founded in 1931 in Munich as a manufacturer of refrigeration systems, we are now recognized worldwide as experts in heating and cooling solutions. We operate through more than 50 offices and 11 manufacturing facilities across Europe, Asia, and the Americas. We play a crucial role in a variety of industries and are involved in everything from cooling fresh food to providing comfortable indoor temperatures in commercial buildings, as well as our participation in renewable energy production.