Trane Technologies completed the acquisition of AL-KO Air Technology from AL-KO.

Trane Technologies, a holding company focused on the manufacturing of heating, ventilation, and air conditioning, completed the acquisition of AL-KO Air Technology from AL-KO, a mechanical engineering firm. Financial terms were not disclosed. “Trane Technologies is the perfect home for AL-KO Air Technology. We share a commitment to sustainable innovation, operational excellence, superior customer service and an uplifting culture. I am excited for our future together," Christian Stehle, AL-KO Air Technology CEO.