# Altor to acquire majority stake in Nordic Climate Group

Altor Fund V has signed an agreement to acquire a majority stake in Nordic Climate Group, a services and solutions company in the cooling and heating industry, from Capillar Equity. The transaction is subject to regulatory approval.

- Type: Acquisition
- Announced: 2022-05-16
- Where: Sweden
- Status: announced
- Products: cooling and heating solutions, refrigeration systems, heat pump installations
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Nordic Climate Group](https://endata.com/companies/21051.md) (target)
- [Altor](https://endata.com/companies/29102.md) (acquirer)
- [Capillar Equity](https://endata.com/companies/55133.md) (partner)

## Sources

- [altor.com](https://altor.com/news/altor-to-acquire-nordic-climate-group-becomes-majority-owner-9f294127), 2022-05-16: "Our strategic partnership with Altor will facilitate an acceleration of our ambitions and also make possible a further expansion and growth into new geographical areas"

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