Trane Technologies Acquires Transport-Kälte-Vertrieb (TKV), Advancing Thermo King’s Leadership in the German Cold Chain

TKV to operate as company-owned dealership, TK Deutschland

Global climate innovator Trane Technologies (NYSE:TT) and its Thermo King brand, a leader in sustainable transport temperature control solutions, acquired Transport-Kälte-Vertrieb (TKV), the largest of five independent Thermo King and Frigoblock dealers in Germany. The transaction closed on May 4, and the company continues to serve the southern Germany market, now operating as Thermo King Deutschland.

The acquisition strengthens Thermo King’s industry‑leading transport refrigeration service network across Europe, the Middle East and Africa (EMEA), and follows recent acquisitions in UK and Belgium. These strategic investments expand Thermo King’s scale, reach and leadership as it drives the decarbonisation of refrigerated transport and accelerates growth throughout the region.

With its sales and service center headquartered in Ulm, Germany, TKV has represented Thermo King in southern Germany for 55 years. TKV specialises in sales, installation and after-sales service of transport refrigeration units and accessories, in addition to maintenance and telematics solutions. The company has earned a reputation for service excellence, positioning it well for continued growth and success in the German market.

“This acquisition takes Thermo King’s leadership in Germany to the next level and enhances our exceptional customer support across the entire region,” said Claudio Zanframundo, President of Thermo King EMEA. “We welcome the opportunity to be even closer to our customers in this critical market. This step also opens new doors for investment and growth as we build on TKV’s high‑performing, service‑driven business and leverage its best practices to further advance sustainable temperature-controlled transport solutions in the region.”

Jorge Estelle Caro, previously Thermo King Regional Director North & Central, has assumed the role of General Manager for TK Deutschland. TKV’s former owner and general manager, Herwig Kiesling, will remain with the business and help support its continued growth.

With more than 500 service locations across 75 countries in the EMEA region – through both company-owned and its independent dealer network – Thermo King is uniquely positioned to advance sustainable, efficient, and resilient cold chain with unmatched service, reliability, and technology innovation.