SWORDS, Ireland – March 4, 2026 – Global climate innovator Trane Technologies (NYSE: TT) and its industry leading Thermo King brand, a leader in sustainable transport temperature control solutions, has completed the acquisition of Thermo King Northern, a longstanding Thermo King and Frigoblock dealer serving the northern UK market. The transaction closed early February and was marked with a celebration welcome for employees on February 10. The company now continues operations as part of Thermo King UK.

The acquisition marks another major step in Thermo King’s strategy to continue strengthening the widest and industry-leading transport refrigeration service network in the UK and across Europe, Middle East and Africa (EMEA). It follows the company’s March 2025 acquisition of Marshall Fleet Solutions. Together, these strategic investments significantly expand the scale, reach, and leadership of Thermo King UK as the company accelerates growth.

Thermo King Northern has represented Thermo King as a dealership in the region for more than 40 years, selling, distributing and as a service provider of Thermo King transport refrigerated solutions. Headquartered in Carlisle, England, with additional service locations in Glasgow and County Durham, the company provides comprehensive transport refrigeration, heating, ventilation and air conditioning (HVAC), commercial refrigeration and cold storage services, including equipment installation, maintenance, repairs, and tail lift support to customers across northern England and Scotland. The acquisition includes Thermo King Northern’s full operations, its strong customer base, and a talented team of service engineers and transport refrigeration solutions experts.

“This acquisition takes Thermo King’s leadership in the UK to the next level while reinforcing our commitment to bold growth and exceptional customer support across the region,” said Claudio Zanframundo, President of Thermo King EMEA. “We will continue advancing sustainable transport refrigeration in the UK and beyond with industry- leading technologies, services and solutions. With more than 500 service locations across 75 countries in the EMEA region, Thermo King – through both company-owned and our independent dealer network – is uniquely positioned to lead every market we serve, with unmatched service, reliability and innovation for our customers.”

“We are pleased to welcome the Thermo King Northern team into our Thermo King UK business,” said Ronald Meechan, General Manager Thermo King UK. “They have built trusted customer relationships, strong technical expertise, and a long track record of quality service. This acquisition brings us even closer to our UK customers and creates new opportunities for investment, innovation and growth across the region.”

As with previous dealer acquisitions, integrating customer‑focused partners into the Thermo King family reinforces Trane Technologies’ commitment to the communities it serves. This transition also supports the company’s ongoing strategy to accelerate investments in people, technology, and service operations, further enhancing customer experience and advancing sustainable, efficient and resilient cold chain.

SWORDS, Ireland ─ April 1, 2025 ─ 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.” 

About Thermo King

Thermo King — by Trane Technologies (NYSE: TT), a global climate innovator — is a worldwide leader in sustainable transport climate control solutions. Thermo King has been providing transport temperature control solutions for a variety of applications, including trailers, truck bodies, buses, air, shipboard containers and railway cars since 1938. For more information, visit www.thermoking.com or www.europe.thermoking.com.

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The use of HVO fuel in Thermo King units offers 90% reduction in greenhouse gas emissions and particulate matter pollution, with no penalty in engine performance in comparison to fossil fuels.