Beijer Ref cleared to acquire Tecsa in South Africa

Beijer Ref's proposed acquisition of Tecsa (Pty) Ltd, a South African refrigeration wholesaler, has been cleared by South African competition authorities. The purchase price is expected to be between SEK255m and SEK300m (€26.6m to €31.3m).

“Beijer Ref announced its binding agreement to acquire Tecsa, owned by Westbrooke Investment, in October.”coolingpost.com

• 3 sources
• coolingpost.comBeijer Ref cleared for Tecsa buy-out - Cooling PostNeil EverittJan 29, 2018
• beijerref.comQ4 2017 - Beijer Ref Q4 2017 | Beijer Ref ABJan 31, 2018
• beijerref.comAcquisition of SCM Frigo strengthens the transition to environment-friendly refrigeration technology | Beijer Ref ABMar 15, 2018

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