Nor-Lake, manufacturer of refrigeration equipment for the foodservice, scientific, and industrial markets, has introduced the new AdvantEDGE™ undercounter/worktable refrigerator and freezer line. The line offers a new design to capitalize on available workspace, and provide energy efficiency and easy maintenance.

The global commercial refrigeration equipment market was valued at $36.63 billion in 2015, and is expected to generate revenue of $61.44 billion by the end of 2021, growing at a compound annual growth rate (CAGR) of slightly over 9 percent between 2016 and 2021, according to a report from Zion Market Research.

Intermatic Inc. has announced a new temperature-initiated adaptive defrost control solution that the company said reduces defrost cycles by 40 percent or more per day in commercial walk-in coolers and freezers.

The global commercial refrigeration equipment market was valued at $37.03 billion in 2015 and it is expected to grow to $55.69 billion by 2022, led by the walk-in coolers segment, according to a new report from P&S Market Research.

The global commercial refrigeration equipment market is forecast to reach $41.5 billion by 2022, with increasing demand for frozen foods and changing food consumption habits, according to a new market report published by Credence Research Inc.

Daikin Industries Ltd., through its subsidiary Daikin Europe N.V., announced it will acquire Zanotti S.p.A., an Italian manufacturer of commercial refrigerators and freezers. The acquisition price is 98 million euros (12.3 billion yen) for which Daikin will obtain all company shares.