# Beijer Ref acquires 85% of French company EID

Beijer Ref has signed an agreement to acquire 85% of EID, a French manufacturer of insulated copper pipes and wholesaler of refrigeration and air conditioning components. EID operates from a 9,000m2 factory in Avignon, France, with annual sales of around €16m.

- Type: Acquisition
- Announced: 2022-08-01
- Where: Avignon, France
- Value: $16.2M (16.0M EUR)
- Status: announced
- Products: insulated copper pipes, copper joints and fittings, refrigeration and air conditioning components
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Beijer Ref](https://endata.com/companies/15341.md) (acquirer)
- [EID](https://endata.com/companies/64461.md) (target)

## Sources

- [coolingpost.com](https://www.coolingpost.com/world-news/beijer-ref-buys-french-company-eid/), 2022-08-01: "EID's product range complements our existing offering well."

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