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Add-on acquisition · Closed Oct 2014

Beijer Ref acquires GFOI on Réunion Island to expand southern hemisphere presence

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Relationship map for Beijer Ref acquires GFOI on Réunion Island to expand southern hemisphere presenceparent ofBeijer Ref: PlatformBRBeijer RefGFOI: Operating CompanyGFGFOI
Operating CompanyPlatform

Parties

Acquirer
Beijer Ref
Platform
Target
GFOI
Operating Company

Market signals

Summary

Refrigeration wholesaler Beijer Ref made a further acquisition of GFOI (a company on Réunion Island, sales ~€5.46m), part of its expansion strategy outside Europe; GFOI will be integrated as a branch of Beijer Ref's French wholesaler GFF.

Primary source