Beijer Ref to acquire Heritage Distribution for USD 1,275 million

Beijer Ref has signed a binding agreement with Gryphon Investors to acquire approximately 98% of Heritage Distribution, a leading North American HVACR distributor, for USD 1,275 million. The acquisition marks Beijer Ref's entry into the North American market and is expected to close in early Q1 2023.

“Beijer Ref and Gryphon Investors have signed a binding agreement whereby Beijer Ref will acquire Heritage Distribution for a purchase price in cash of USD 1,275 million”

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