Heat Exchanger World November 2022 | Page 17

Industry News
William A . Wulfsohn joins Modine Manufacturing Company
Modine Manufacturing Company ( MOD ) has announced that William A . Wulfsohn will join the company ’ s board of directors , effective immediately . Mr . Wulfsohn served as Chairman and Chief Executive Officer of Ashland Global Holdings , a public specialty chemicals company , from 2015 to 2019 . Currently , Mr . Wulfsohn serves as a Director at specialty chemicals company , PolyOne / Avient Corp . He also served as the founding Chairman of Valvoline for the first year after its successful spinoff from Ashland Global Holdings in 2016 . His prior employment includes strategic , M & A , and international experience in senior roles including President and Chief Executive Officer at Carpenter Technology Corporation , Senior Vice President , Coatings at PPG Industries , and Vice President and General Manager – Nylon System at Honeywell International Inc . Mr . Wulfsohn holds an MBA from the Harvard Graduate School of Business Administration and a Bachelor of Science degree , magna cum laude , in Chemical Engineering from the University of Michigan . Mr . Wulfsohn will stand for election at Modine ’ s 2023 annual meeting of shareholders .
Anders Invest closes Solex acquisition
Netherlands-based private equity firm Anders Invest BV has recently closed a previously announced agreement to purchase all issued and outstanding shares of Canadian-headquartered heat transfer technology specialists Solex Thermal Science Inc . The acquisition follows a previous investment in The Netherlands-based Mosman Stainless Steel which will now operate under the Solex brand . Combined , the newly formed entity provides customers with improved accessibility to madeto-order solutions from a fully integrated global producer of best-in-class thermal and material handling solutions . Under the Solex brand , the company will continue to expand its growing suite of technology
SPX appoints Sean McClenaghan as President
SPX Technologies , Inc . has announced the appointment of Sean McClenaghan as President of Global Cooling and an Executive Officer of SPX Technologies .
solutions . Over the past 30 years , the company has installed more than 800 advanced heat exchangers in more than 50 countries worldwide with applications such as fertiliser , oilseeds , sugar , and industrial materials such as minerals / sands , salts , chemicals , and polymers / plastics . More recently , Solex has further developed its technology suite to include applications involving liquid and gas heat exchange – for example , when cooling or heating liquids and gases , including dirty and condensing gas streams . In a recently announced application , the company ’ s liquid-liquid heat exchangers are already being used with UV-C light to prevent fouling in seawater applications as part of the partnership with Netherlands-based Corrosion .
Mr . McClenaghan brings over 25 years of extensive executive leadership experience to the SPX team . He joins SPX from Reliance Worldwide Corporation ( RWC ), where he served as Chief Executive Officer of RWC Americas . Before joining RWC in 2014 , he spent over fifteen years in various strategic consulting and business development roles with McKinsey & Company , CHB Capital Partners , and Egon Zehnder . He began his career with DuPont , holding several operational and management positions ranging from Process Control Design Engineer to Plant Manager to Global Business Manager .

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