# Beijer Ref acquires Spanish HVAC distributor Lumelco SA

Swedish refrigeration wholesaler Beijer Ref acquired Lumelco SA, a Madrid-based distributor of Mitsubishi Heavy Industries air conditioners, with 65 employees and 2017 sales of SEK400 million (€38.5 million). The acquisition strengthens Beijer Ref's HVAC business in southern Europe.

- Type: Acquisition
- Announced: 2018-08-08
- Where: Madrid, Spain
- Status: completed
- Products: air conditioners, heat pumps, heat recovery units, dehumidifiers, solar panels, chillers
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Beijer Ref](https://endata.com/companies/15341.md) (acquirer)
- [Lumelco SA](https://endata.com/companies/33666.md) (target)

## Sources

- [coolingpost.com](https://www.coolingpost.com/world-news/beijer-ref-buys-spanish-mhi-distributor/), 2018-08-08: "Describing the acquisition as being in line with its plans to grow its HVAC business, Beijer ref CEO Per Bertland said: “The need for air conditioning is increasing, especially in southern Europe.”"

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