Add-on acquisition Jan 2020 · Australia Verified
Beijer Ref acquires Australian HVAC distributor ACD Trade
Global refrigeration wholesaler Beijer Ref AB agreed to acquire all shares in Australian HVAC distribution company ACD Trade (from Cliplight US Holdings), strengthening its Asia Pacific presence; APAC sales estimated to top A$460 million post-deal.
“Global refrigeration wholesaler Beijer Ref AB has signed an agreement to acquire all shares in the Australian HVAC company ACD Trade.”
Entities
ACD Trade · Target Beijer Ref AB · Acquirer Cliplight US Holdings, Inc. · Parent
HVACRefrigeration Sentiment: Positive
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