# Beijer Ref acquires leading HVAC distributor in the Baltics

Beijer Ref AB acquired a leading HVAC distributor in the Baltics. The announcement was made on October 20, 2025.

- Type: Acquisition
- Announced: 2025-10-20
- Where: Baltics, Estonia
- Status: announced
- Products: HVAC equipment
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Beijer Ref](https://endata.com/companies/15341.md) (acquirer)
- [Airwave](https://endata.com/companies/87959.md) (target)

## Sources

- [beijerref.com](https://www.beijerref.com/pressrelease/beijer-ref-acquires-leading-hvac-distributor-in-the-baltics), 2025-10-20: "Beijer Ref acquires leading HVAC distributor in the Baltics"
- [news.cision.com](https://news.cision.com/beijer-ref-ab/r/beijer-ref-acquires-leading-hvac-distributor-in-the-baltics,c4252069), 2025-10-20: "Beijer Ref has signed an agreement to acquire 80 per cent of the shares in Airwave, with an option to acquire the remaining shares."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.