# Beijer Ref acquires 90% of Lithuanian natural refrigerant manufacturer Refra

Beijer Ref signed an agreement to acquire 90% of Refra, a Lithuanian manufacturer of natural refrigerant HVAC/R systems, with an option to buy the remaining shares. Refra has annual turnover of about SEK 500 million.

- Type: Acquisition
- Announced: 2023-05-22
- Where: Vilnius, Lithuania, Lithuania
- Status: announced
- Products: natural refrigerant HVAC/R systems, CO₂ chillers, propane heat pumps
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Beijer Ref](https://endata.com/companies/15341.md) (acquirer)
- [Refra](https://endata.com/companies/53675.md) (target)

## Sources

- [inderes.dk](https://www.inderes.dk/en/releases/beijer-ref-ab-beijer-ref-expands-and-strengthens-its-natural-refrigerant-offering-through-lithuanian-acquisition), 2023-05-22: "This is a strategically important acquisition for Beijer Ref."

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