Beijer Ref a major player in Australia
SWEDEN: Refrigeration wholesaler Beijer Ref has completed its acquisition of Heatcraft Australia, making it a significant player in the Australian market.
The acquisition from Lennox also includes a Singapore sales office, a manufacturing unit in China, and more than 5% of the shares in theThai compressor manufacturer Kulthorn Kirby.
With the acquisition of Heatcraft Australia, Beijer Ref becomes a significantly stronger player in Australia. For Beijer Ref’s region Asia Pacific, total annual sales will represent around 19% of Beijer Ref’s global sales, compared to 10% today.
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Beijer Ref to buy Heatcraft Australia – 14 March 2018
SWEDEN/AUSTRALIA: Beijer Ref is set to acquire Heatcraft Australia Pty, one of the largest refrigeration wholesalers in the region. Read more…