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Trane Technologies plc is an American-Irish domiciled company focused on heating, ventilation, and air conditioning (HVAC) and refrigeration systems. The company traces its corporate history back more than 150 years and was created after a series of mergers and spin-offs.
Trane is a manufacturer of heating, ventilation, and air conditioning (HVAC) systems, along with building management systems and controls. The company is a subsidiary of Trane Technologies , a company focused on manufacturing HVAC and refrigeration systems.
An agreement between Ingersoll Rand and Mitsubishi Electric regarding establishment of the joint venture was reached in January 2018 [1] and the company started operation in mid-2018.
Ingersoll Rand Inc. is an American multinational company that provides flow creation and industrial products. The company was formed in February 2020 through the spinoff of the industrial segment of Ingersoll-Rand plc (now known as Trane Technologies) and its merger with Gardner Denver.
The remainder of the company took the name of its heating and air conditioning subsidiary Trane. Ingersoll Rand made an offer to acquire Trane on December 17, 2007 and the sale was completed on June 5, 2008. The parent company has since been renamed Trane Technologies. [6]
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