M&A Deal Summary

Beijer Ref Acquires Cool4U

On June 19, 2024, Beijer Ref acquired distribution company Cool4U

Acquisition Highlights
  • This is Beijer Ref’s 4th transaction in the Distribution sector.
  • This is Beijer Ref’s 1st transaction in Hungary.

M&A Deal Summary

Date 2024-06-19
Target Cool4U
Sector Distribution
Buyer(s) Beijer Ref
Deal Type Add-on Acquisition

Target

Cool4U

Szarvas, Hungary
Cool4U is an HVAC distributor that provides solutions for both residential and commercial projects. The company has an annual turnover of approximately SEK 500 million and with good profitability. Cool4U was formed in 2001 and is based in Szarvas, Hungary.

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Buyer(S) 1

Buyer

Beijer Ref

Malmö, Sweden

Category Company
Founded 1866
Sector Distribution
Employees6,418
Revenue 32.2B USD (2023)
DESCRIPTION

Beijer Ref is a distributor of products within commercial refrigeration, industrial refrigeration, air conditioning, and heating with a strong local and global market presence across 425 branches through which it serves more than 100,000 customerses. Beijer Ref was founded in 1866 and is based in Malmö, Sweden.


DEAL STATS #
Overall 5 of 6
Sector (Distribution) 4 of 4
Type (Add-on Acquisition) 5 of 6
Country (Hungary) 1 of 1
Year (2024) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-22 Young Supply

Detroit, Michigan, United States

Young Supply is a distributor of commercial refrigeration and HVAC. Young Supply was founded in 1935 and is based in Detroit, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-02 GIA Group

Barcelona, Spain

GIA Group develops air conditioning products and services including presale and advice, a wide range of HVAC, aerothermal, and DHW products, personalized marketing, and after-sales service. GIA Group is based in Barcelona, Spain.

Buy -