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Add-on acquisition Feb 2021 · Nordhorn, Germany Verified

Beijer Ref acquires 60% of Coolair Klimasysteme in Germany

Beijer Ref acquired a 60% stake in German air conditioning distributor Coolair Klimasysteme GmbH, with an option to acquire the remainder, to grow its HVAC market share and sell its Sinclair brand in Germany.

“The growth strategy is further assisted through the acquisition of 60% of the shares in coolair Klimasysteme GmbH (Coolair) with the option to acquire the remaining shares.”

Entities

Beijer Ref · Acquirer coolair Klimasysteme GmbH · Target
HVAC

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