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24-01-02 non-Regulatory

Beijer Ref acquires Chillaire Solutions in India

Beijer Ref has signed an agreement to acquire 70 per cent of the shares in Chillaire Solutions, with an option to acquire the remaining shares. The company is active in the import and distribution of refrigerants and HVAC-related products. Chillaire Solutions has annual sales of approximately SEK 120 million.

Chillaire Solutions, which was founded in 2018, employs 20 people. The company’s existing management team will continue to run and develop the company together with Beijer Ref.

Malmö, 2 January 2024
Beijer Ref AB (publ)

For more information, please contact:
Joel Davidsson
CFO
Telephone +46 40-35 89 00
Email jdn@beijerref.com

Niklas Willstrand
Director of Global Communications
Telephone +46 40-35 89 00
Email nwd@beijerref.com

BEIJER REF AB is a technology-oriented trading Group which, through added-value products, offers its customers competitive solutions within refrigeration and climate control. Beijer Ref is one of the largest refrigeration wholesalers in the world, and is represented in 45 countries in Europe, North America, Africa and Asia and Oceania. Website: www.beijerref.com