# Beijer Ref acquires 60% of Coolair Klimasysteme in Germany

Beijer Ref AB acquired 60% of the shares in Coolair Klimasysteme GmbH, a German air conditioning products distributor, with an option to acquire the remaining shares.

- Type: Acquisition
- Announced: 2021-02-26
- Where: Nordhorn, Germany, Germany
- Status: completed
- Products: air conditioning products
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Beijer Ref](https://endata.com/companies/15341.md) (acquirer)
- [Coolair Klimasysteme](https://endata.com/companies/53497.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/beijer-ref-ab/r/beijer-ref-acquires-coolair-in-germany,c3296203), 2021-02-26: "Beijer Ref continues to increase its market share within the air conditioning (HVAC) sector through the acquisition of 60% of the shares in coolair Klimasysteme GmbH"
- [refrigerationworldnews.com](https://www.refrigerationworldnews.com/beijer-ref-acquires-coolair-in-germany/), 2021-03-01: "Coolair has strong growth potential that will add value to our group and strengthen our investment in air conditioning in an important and large market such as Germany."

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