# Beijer Ref acquires majority stake in Fenagy A/S

Beijer Ref increased its ownership in Danish refrigeration technology company Fenagy A/S to just over 50% for DKK 19 million, becoming the majority shareholder.

- Type: Acquisition
- Announced: 2021-07-01
- Where: Aarhus, Denmark
- Value: $3.00M (19.0M DKK)
- Status: completed
- Products: industrial heat pumps, refrigeration systems based on CO2
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Beijer Ref](https://endata.com/companies/15341.md) (acquirer)
- [Fenagy](https://endata.com/companies/51368.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/beijer-ref-ab/r/beijer-ref-becomes-the-majority-owner-of-fenagy-a-s,c3377458), 2021-07-01: "It is very gratifying and exciting to increase our ownership of Fenagy, which means that we will be able to support the future international expansion even more."
- [cbinsights.com](https://www.cbinsights.com/company/fenagy), 2021-07-15: "On July 15, 2021, Beijer Ref acquired a majority stake in Fenagy."

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