MSAB acquires EQT's stake in Beijer Ref

Melker Schörling AB (MSAB) completed the acquisition of all shares held by private equity firm EQT in global refrigeration specialist Beijer Ref. The settlement of the shares was finalized on June 18, 2026.

“Sweden-based family investment trust Melker Schörling AB (MSAB) has entered into an agreement to acquire all shares held by EQT in global refrigeration specialist Beijer Ref. [image removed: hvacrnews.com.au] Sweden-based investment fund EQT had been the lead shareholder in Beijer Ref since December 2020, during which time the company saw significant expansion of its share of the global wholesale refrigeration and HVAC market. Investment in innovation was also undertaken, which saw the share of original equipment manufacturer sales comprising environmentally friendly products increase from 32% to 56% of OEM sales, according to an EQT news announcement about the deal. The settlement of the shares was completed on June 18, 2026, with Citigroup Global Markets Europe AG, DNB Carnegie Investment Bank AB (publ), Jefferies GmbH and Mizuho Bank Europe N.V., acting as joint global coordinators for the placing.”

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