Trane Technologies (NYSE: TT), a global climate innovator, has completed the acquisition of Farrar Scientific, which the company announced in a press release on September 13, 2021.
Farrar Scientific is a critical supplier for bioscience and biopharmaceutical customers that provides proprietary technology to fill an unmet need for flexible, modular, and efficient ultra-low temperature processing and storage, including cooling and heating/thawing.
“We are delighted to officially welcome Farrar Scientific associates,” said Holly Paper, who has been appointed as president of Trane Technologies’ new Life Science Solutions business, which operates as part of the company’s Commercial HVAC business unit. “Trane Technologies’ world-class business operating system and expertise in refrigeration, cold chain, and sustainable climate control combined with Farrar’s specialized expertise in ultra-low temperature control will enable us to deliver even greater value to customers around the world in the critical biopharmaceutical and life science industries.”
Source: Biospace
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