# 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).

- Type: Acquisition
- Announced: 2018-01-29
- Where: South Africa, South Africa
- Value: $29.0M (280.0M SEK)
- Jobs: 300
- Status: announced
- Products: refrigeration and air conditioning products, spare parts
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [SCM Frigo](https://endata.com/companies/15339.md) (target)
- [Beijer Ref](https://endata.com/companies/15341.md) (acquirer)
- [Tecsa](https://endata.com/companies/28199.md) (target)

## Sources

- [coolingpost.com](https://www.coolingpost.com/world-news/beijer-ref-cleared-tecsa-buy/), 2018-01-29: "Beijer Ref announced its binding agreement to acquire Tecsa, owned by Westbrooke Investment, in October."
- [beijerref.com](https://www.beijerref.com/interim/q4-2017?6b018782_page=1), 2018-01-31: "The acquisition of Tecsa (Pty) Ltd has now been approved by the competition authority in South Africa and the planned takeover date is expected to be 1 March 2018."
- [beijerref.com](https://www.beijerref.com/pressrelease/acquisition-of-scm-frigo-strengthens-the-transition-to-environment-friendly-refrigeration-technology?fdd28200_page=2), 2018-03-15: "Acquisition of SCM Frigo strengthens the transition to environment-friendly refrigeration technology."

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