Deal closed Jul 2016 · United Kingdom Verified
Beijer Ref completes CMA-cleared acquisition of UK wholesaler HRP
Beijer Ref's acquisition of UK refrigeration/AC wholesaler HRP, first announced in November and investigated by the UK CMA, was cleared, making Beijer Ref the largest UK wholesaler of refrigeration components and air conditioning products by revenue. Beijer Ref already owned UK wholesalers Dean & Wood and RW.
“Beijer Ref’s acquisition of HRP, first announced in November last year, was put on hold after the CMA announced it was to investigate the deal in February. The takeover was finally cleared last month, with the CMA finding no evidence that the merger would result in a significant lessening of competition within the UK.”
Entities
Beijer Ref · Acquirer Dean & Wood · Subsidiary HRP · Target RW · Subsidiary
HVACRefrigeration
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