World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom


Keep up-to-date with the latest new products and technology


General articles, applications and industry analysis

Beijer Ref sales up 25% in Q4

SWEDEN: Refrigeration wholesaler Bei­jer Ref achieved sales of SEK4,271m (€409m) in Q4 of 2021, up 25.3% compared to the same period in 2021.

Organic growth was 11.6% with the inclusion of recent acquisitions of Inventor AG, Airstream and Clima Solutions. Operating profit was SEK326m (€31.2m), an increase of 27.4% compared with the previous year.

Beijer Ref CEO Christopher Norbye described 2021 as a successful year “despite major disruptions in the supply chain” and a number of lockdowns in the company’s markets. 

“It is particularly gratifying that all product areas show organic growth during the year. Ove­rall, the company had a good end to 2021 and we are entering 2022 with a strong order book,” Norbye added.

Related stories:

Beijer Ref buys majority stake in Greek AC manufacturer14 July 2021
SWEDEN: Wholesaler Beijer Ref has entered the Greek market with the acquisition of a majority stake in Athens-based air conditioning manufacturer Inventor AG SA. Read more…

Beijer Ref acquires Australian manufacturer Airstream25 October 2021
SWEDEN/AUSTRALIA: Refrigeration wholesaler Beijer Ref has signed an agreement to acquire all the shares in the Australian distribution company Airstream. Read more…

Beijer Ref makes two new acquisitions in Oceania1 December 2021
SWEDEN: Wholesaler Beijer Ref has made two further acquisitions in Oceania, acquiring Auckland-based HVAC supplier Clima Solutions and Patton Albury, an HVACR wholesaler based in Albury, Australia. Read more…

Latest News

26th February 2024

Modine buys Canadian AHU manufacturer

USA/CANADA: Modine has entered into a definitive agreement to acquire Canadian air handling unit manufacturer Scott Springfield Manufacturing. 
26th February 2024

Stulz partners on immersion cooling

GERMANY/NETHERLANDS: Stulz Modular, the data centre design, build and maintenance services provider, is cooperating with Dutch immersion cooling specialist Asperitas in the field of liquid cooling.
26th February 2024

Brian Streatfield 1936-2024

UK: Brian Streatfield, a man who was instrumental in the formation of Carrier in the UK during the 1970s, died at the weekend. He was 87.
25th February 2024

Safety is vital in global F-gas transition

UK: Institute of Refrigeration president Graeme Fox has warned of the real-world issues that the “rapid transition” to “natural” refrigerants poses for developing countries.
25th February 2024

Terrie Lamb wins lifetime achievement award

UK: Terrie Lamb of Cimetrics was recognised for 25 years of dedication to the RACHP sector in a night of awards at Thursday night’s annual Institute of Refrigeration (IoR) dinner.
25th February 2024

Boosting EV range with microwave energy

UK: Researchers from the University of Birmingham are working on an energy storage system which couples a chemical heat pump with microwave energy to produce heating or cooling on demand.