# Beijer Ref to acquire 90% of Lithuanian HVAC/R manufacturer Refra

Beijer Ref signed a binding agreement to acquire 90% of Refra, a Lithuanian manufacturer of custom R290 chillers/heat pumps and CO₂ refrigeration systems, with an option on the remaining 10%. Refra's annual turnover is about SEK 500 million.

- Type: Acquisition
- Announced: 2026-08-24
- Where: Vilnius, Lithuania
- Status: announced
- Products: R290 chillers, heat pumps, CO₂ refrigeration systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Beijer Ref](https://endata.com/companies/15341.md) (acquirer)
- [Refra](https://endata.com/companies/53675.md) (target)
- [Refra UAB](https://endata.com/companies/93767.md) (target)

## Sources

- [coolingpost.com](https://www.coolingpost.com/category/news-headlines/page/2/), 2026-08-24: "Beijer Ref has completed the acquisition of Lithuanian HVACR equipment manufacturer Refra"
- [acr-news.com](https://www.acr-news.com/refra-to-join-international-beijer-ref-group), 2026-08-25: "Beijer Ref Group acquire 90 per cent of the company’s shares."
- [heatpumpnews.uk](https://heatpumpnews.uk/beijer-ref-agrees-deal-for-90-of-r290-heat-pump-maker-refra/), 2026-08-26: "Beijer Ref has signed a binding agreement to acquire 90% of Lithuanian HVAC/R manufacturer Refra, a move that would add commercial and industrial R290 heat pumps and chillers to its proprietary OEM portfolio."
- [openthermalai.com](https://www.openthermalai.com/en/briefings/2026-w35.html), 2026-08-30: "Beijer Ref (24 Aug) signed a binding agreement to acquire 90% of Lithuanian HVAC/R manufacturer Refra, with an option on the remainder"
- [ellex.legal](https://ellex.legal/project/beijer-ref-signs-agreement-to-acquire-refra/), 2026-09-02: "Beijer Ref AB, one of the world’s largest refrigeration wholesalers, has signed an agreement to acquire 90% of the shares in Refra UAB."
- [racplus.com](https://www.racplus.com/news/refra-to-join-international-beijer-ref-group-09-09-2026/), 2026-09-09: "Refra is entering a new stage of its development following the signing of an agreement, under which Beijer Ref Group will acquire 90% of the company’s shares."
- [news.cision.com](https://news.cision.com/beijer-ref-ab/Index/merchant/), 2026-09-11: "Beijer Ref has signed an agreement to acquire 90 percent of the shares in Refra, with an option to acquire the remaining shares."

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