Beijer Ref invests in coolair

With the acquisition of coolair Klimasysteme GmbH, Beijer Ref considerably strengthens its position in the German HVAC market

Beijer Ref AB (publ) has acquired 60% of the shares in coolair Klimasysteme GmbH, with an option to acquire the remaining shares. Headquartered in Nordhorn, Germany, coolair employs almost 30 people and sells HVAC (heating, ventilation and air conditioning) equipment from leading brands, including various brands of Beijer Ref itself. The parties will thus continue their successful cooperation under a new corporate set-up. Mr Jörg Butke will continue to be active as the company's managing director and co-shareholder, and also the company's founder Mr Siegfried Otte will remain available for consultancy services.


Beijer Ref is one of the world's largest wholesalers for solutions within refrigeration and climate control. Please see Beijer Ref's press release for further information: Beijer Ref acquires Coolair in Germany.


Beijer Ref was advised by kallan in this transaction. The kallan team included Oliver Cleblad, Philipp Uhl, Laura Engelmann and Sven Cordes.