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23-11-02 non-Regulatory

Beijer Ref acquires Turner Engineering in Australia

Beijer Ref (publ) ("Beijer Ref") has signed an agreement to acquire 100 per cent of the shares in Turner Engineering, an HVAC distributor with more than 45 years of experience. The company has an annual turnover of approximately SEK 200 million.

Turner Engineering was founded in 1974 and is headquartered in Perth (Western Australia). The company, which is among the region's longest-standing independent HVAC distributors, boasts a highly proficient team comprising HVAC specialists, technicians and engineers.

This acquisition aligns with Beijer Ref’s overall acquisition strategy and strengthens the company’s offer in the region.

Malmö, November 2, 2023
Beijer Ref AB (publ)

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

Niklas Willstrand
Global Corporate Communications Manager
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