Bosch has acquired all shares of FHP Manufacturing Co. from
a group of investors for an undisclosed price. FHP manufactures electric
water-source heat pumps for the heating and air conditioning of residential
buildings and commercial premises. FHP will be integrated into the
Thermotechnology division led by BBT Thermotechnik GmbH.
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Retiring Ferguson CEO Frank Roach and his successor Kevin Murphy talk about the seamless leadership transition, the company’s future and views on the current marketplace. Read more stories in 2017 May Issue.