# EQT acquires 30% stake in Beijer Ref for $1.1 billion

EQT has agreed to acquire a 30% stake in Swedish refrigeration wholesaler Beijer Ref from Carrier Global Corporation for $1.1 billion, gaining a 29.6% stake and 26.4% of voting rights.

- Type: Acquisition
- Announced: 2023-11-08
- Where: Sweden
- Value: $1.10B
- Status: announced
- Products: refrigeration, air conditioning and heating services
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [EQT](https://endata.com/companies/3219.md) (acquirer)
- [Carrier Global Corporation](https://endata.com/companies/7380.md) (partner)
- [Beijer Ref](https://endata.com/companies/15341.md) (target)

## Sources

- [unquote.com](https://www.unquote.com/nordics/official-record/3022080/eqt-acquires-30-stake-in-listed-company-beijer-ref), 2023-11-08: "The GP will support Beijer Ref's growth through M&A and organic expansion, as well as investment in digitalisation and automation initiatives."

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