Acquisition adds to Coolsys’ portfolio of HVAC&R companies, including natural refrigerant contractor Source.
CoolSys, parent company of a slew of HVAC&R outfits, has announced the acquisition of Axiom Energy Solutions, Savannah, Ga.
With this acquisition, CoolSys, Brea, Calif., is planning to integrate the energy efficiency lighting and control resources of Axiom with its CoolSys Energy Solutions division. “Both companies are widely known for their expertise and services within the retail grocery sector,” said Coolsys in a statement.
“Our acquisition of Axiom is just the beginning of the investments that we plan to make in bringing expanded capabilities to our CoolSys Energy Solutions customers,” added Adam Coffey, president and CEO of CoolSys.
In addition to Axiom and Energy Solutions, Coolsys also owns Source Refrigeration & HVAC, Advanced Refrigeration Systems, Certified Refrigeration & Mechanical (CRM), Legacy Air, RSI and Service Refrigeration Co.
Source is known for its work with natural refrigerants, including transcritical CO2 systems the installation of the first ammonia/CO2 cascade system at an Albertsons store in Carpinteria, Calif.
Natural refrigerant systems can be further optimized through the use of controls such as the ones Axiom provides to supermarkets.
According to Axiom, food-retailers spend three times as much per square foot on energy than non-food retailers.
“The entire Axiom team is thrilled to become part of the CoolSys family,” founder of Axiom Anthony Tippins said. “We have respected the energy-related work they have done in the market for years, and now, by combining our resources, solutions, experience and customer relationships with those of CoolSys Energy Solutions, we will be able to provide our customers with an even broader set of solutions and expand our market presence.”