# Beijer Ref acquires 80% of HVAC distributor Cool4U in Hungary

Beijer Ref has signed an agreement to acquire 80% of the shares in Cool4U, a leading HVAC distributor in Hungary, with an option to acquire the remaining shares. The acquisition is subject to approval by the Hungarian competition authority and FDI screening.

- Type: Acquisition
- Announced: 2024-06-19
- Where: Szarvas, Hungary, Hungary
- Status: announced
- Products: HVAC products
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Beijer Ref](https://endata.com/companies/15341.md) (acquirer)
- [Cool4U](https://endata.com/companies/78126.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/beijer-ref-ab/r/beijer-ref-acquires-leading-hvac-distributor-in-hungary,c4003407), 2024-06-19: "Cool4U has strong brand recognition in the region and further enhances our offering in the HVAC sector."

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