# Altor acquires majority stake in Nordic Climate Group

Private equity firm Altor has signed an agreement to acquire a majority stake in Nordic Climate Group, a leading refrigeration contractor in Sweden and Norway, from Capillar Equity. The group has estimated revenues of SEK2.2 billion and employs around 800 people.

- Type: Acquisition
- Announced: 2022-05-17
- Where: Sweden
- Status: announced
- Products: industrial refrigeration solutions, freezing systems, cooling solutions, 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 Equity Partners](https://endata.com/companies/43919.md) (acquirer)
- [Capillar Equity](https://endata.com/companies/55133.md) (partner)

## Sources

- [coolingpost.com](https://www.coolingpost.com/world-news/altor-takes-majority-stake-in-nordic-climate-group/), 2022-05-17: "The need to offer sustainable and smart energy-efficient solutions has never been greater."

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