Beijer Ref acquires majority stake in Greek HVAC distributor FG Europe
The acquisition strengthens market presence across the Balkans and UK. Transaction completion awaits competition authority approval.
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Global wholesaler of refrigeration and HVAC equipment
beijerref.comLast updated
In short: Beijer Ref appointed Joel Davidsson acting CEO after Christopher Norbye resigned and continued its strategy of global acquisitions.
The acquisition strengthens market presence across the Balkans and UK. Transaction completion awaits competition authority approval.
The transaction secures ninety percent ownership and requires Lithuanian regulatory approval to enhance proprietary cooling technologies and global sales networks.
He succeeds Christopher Norbye from 14 August 2026 while retaining CFO role. Permanent CEO search ongoing.
Refspecs, an HVAC/R wholesaler in New Zealand, will continue under its existing brand and is consolidated from 3 August 2026.
Beijer Ref Agrees to Acquire 75% Stake in FG Europe...
The refrigeration and climate control company Beijer Ref has signed an agreement to acquire 75 percent of the shares in FG Europe, with ...
Beijer Ref stock (ISIN SE0015949748) traded near SEK 138.80 on September 9, 2026, after Deutsche Bank Research cut its view to Sell from Hold and...
When the venture capital giant EQT sold its stake in refrigeration wholesaler Beijer Ref last summer, Melker Schörling's investment company stepped in as a new major shareholder.
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