AUSTRALIA: Beijer Ref has acquired all the assets in GMR Supplies, a refrigeration wholesaler based in Perth, Western Australia, and Mackay Air Supply, an HVAC&R wholesaler based in Mackay, Queensland.
The companies have a combined annual turnover that amounts to approximately SEK50m (US$5.3m).
GMR Supplies sells water coolers, ice machines and water filtration solutions along with HVAC&R spare parts to metropolitan and country clients throughout Western Australia. Mackay Air Supply offers brands that are more targeted towards air conditioning products.
The acquisitions further strengthen Beijer Ref Australia’s operation and will add two new branches and seven employees to its current organisation. Both companies will be integrated into Beijer Ref’s Australian branch network.
“Australia continues to be an important market for us and we are constantly looking for new ways to broaden our geographical breadth and create new synergies. With GMR Supplies and Mackay Air Supply, Beijer Ref acquires two fast-growing companies that add both value and complementary products to Beijer Ref’s existing product portfolio, which aligns with our long-term acquisition strategy,” commented Beijer Ref CEO Christopher Norbye.