# Beijer Ref acquires 75% stake in GIA Group

Beijer Ref AB has signed an agreement to acquire 75% of the shares in GIA Group, a leading air conditioning distributor in Spain with 2023 turnover of SEK 1.1 billion, headquartered in Barcelona.

- Type: Acquisition
- Announced: 2024-02-08
- Where: Barcelona, Spain, Spain
- Status: announced
- Products: air conditioning products
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Beijer Ref](https://endata.com/companies/15341.md) (acquirer)
- [GIA](https://endata.com/companies/21294.md) (target)

## Sources

- [moneycontroller.co.uk](https://www.moneycontroller.co.uk/finance-news/beijer-ref-ab/beijer-ref-acquires-leading-air-conditioning-company-in-spain-2333379), 2024-02-08: "We are pleased to welcome GIA Group to the Beijer Ref Group."

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