Trane Technologies Acquires UK Thermo King and Frigoblock dealer, Marshall Fleet Solutions

Global climate innovator Trane Technologies (NYSE: TT) and its industry-leading Thermo King brand, a leader in sustainable transport temperature control solutions, acquired Marshall Thermo King Ltd., trading as Marshall Fleet Solutions, one of the UK’s longest-established and largest Thermo King and Frigoblock dealers. The acquisition is effective March 31, 2025.

Marshall Fleet Solutions has represented Thermo King in the UK market for more than 50 years as part of privately-owned Marshall Group. The business currently offers a full suite of refrigeration services including installation, maintenance and repairs, in addition to tail lift services and comprehensive fleet management.

With the transition, Marshall Fleet Solutions joins Trane Technologies’ Thermo King business in Europe, Middle East and Africa (EMEA), where they will continue to serve the UK market – now as a company-owned dealer. The acquisition includes all Marshall Fleet Solutions employees and its existing operations and depots across the UK.

“We are pleased to officially welcome the Marshall Fleet Solutions team,” said Claudio Zanframundo, president of Thermo King EMEA. “We look forward to working closely with the team as we position the business to deliver industry-leading service and innovation to customers and partners – and transform transport refrigeration in the UK.”

“We are delighted to have completed the sale of Marshall Fleet Solutions to Trane Technologies,” said Marshall Chair Roger Hardy. “This long-term investment by Trane Technologies and its Thermo King business will unlock significant benefits for customers, partners and employees, supporting the critical role played by the business in equipping and maintaining the assets that keep the UK’s cold chain moving.”