# EQT Private Equity acquires 29.6% stake in Beijer Ref for USD 1.1B

EQT Private Equity agreed to acquire a 29.6% stake in Beijer Ref, a wholesaler of cooling technology and air conditioning, from Carrier Global Corporation for approximately USD 1.1 billion, becoming the largest shareholder.

- Type: Acquisition
- Announced: 2020-12-07
- Where: Malmö, Sweden
- Value: $1.10B
- Status: announced
- Products: cooling technology, air conditioning
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Carrier Global Corporation](https://endata.com/companies/7380.md) (partner)
- [Beijer Ref](https://endata.com/companies/15341.md) (target)
- [EQT Private Equity](https://endata.com/companies/51691.md) (acquirer)

## Sources

- [eqtgroup.com](https://eqtgroup.com/news/eqt-private-equity-becomes-the-largest-shareholder-in-beijer-ref-a-world-leading-wholesaler-of-cooling-technology-and-air-conditioning-2020-12-07), 2020-12-07: "EQT Private Equity has entered into an agreement regarding the acquisition of 2,152,260 A-shares and 35,631,616 B-shares in Beijer Ref AB for a total value of approximately USD 1.1 billion."

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