# Beijer Ref acquires TecsaReco refrigeration wholesaler in South Africa

Beijer Ref AB has entered into an agreement to acquire the business of Tecsa (Pty) Ltd, trading as TecsaReco, a South African wholesaler of commercial and domestic refrigeration and air conditioning products, for a purchase price of SEK 255-300 million. The takeover is scheduled for March 1, 2018.

- Type: Acquisition
- Announced: 2017-10-16
- Where: Johannesburg, South Africa, South Africa
- Value: $31.0M (255.0M SEK)
- Status: announced
- Products: commercial and domestic refrigeration, air conditioning products, spare parts for domestic appliances
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Beijer Ref](https://endata.com/companies/15341.md) (acquirer)
- [TecsaReco](https://endata.com/companies/27899.md) (target)
- [Tecsa](https://endata.com/companies/28199.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/beijer-ref-ab/r/beijer-ref-acquires-refrigeration-wholesaler-in-south-africa,c2368308), 2017-10-16: "Beijer Ref AB has entered into an agreement to acquire the business of Tecsa (Pty) Ltd and its assets."
- [news.cision.com](https://news.cision.com/se/beijer-ref-ab/r/beijer-ref-q3-2017,c2372047), 2017-10-20: "Efter rapportperiodens utgång har avtal ingåtts om förvärv av sydafrikanska Tecsa."

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