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Current Portfolio

Beijer Ref

A world-leading wholesaler of cooling technology and air conditioning.

The company provides a wide range of products within commercial refrigeration, industrial refrigeration, air conditioning and heating with strong local and global market presence.

Key Facts
Sector

Services

Country

Sweden

Fund

EQT IX

Entry

2020

Responsible Advisor

Albert Gustafsson

An industrial refrigeration unit with multiple compartments and visible piping, set against a plain wall.

About Beijer Ref

Founded in Sweden in 1866, Beijer Ref is headquartered in Malmö, Sweden, with approximately 3,700 employees. The Company is listed on Nasdaq Stockholm, Large Cap segment.

Beijer Ref is a leading global value-added distributor of refrigeration and HVAC products, and also operates a greentech OEM business. It is present in 36 countries where it connects more than 1,000 suppliers with more than 100,000 customers. The company offers unique technical expertise, reliability, and proximity, as well as a comprehensive product portfolio with exclusive distribution agreements for leading OEMs.

Market Trends and Drivers

The market for distribution of refrigeration and HVAC products is growing driven by several strong underlying megatrends including replacement of the existing installed base, which makes up the majority of the market, as well as phase-out of F-gases and global warming.

Investment Potential

The development plan for Beijer Ref is to further strengthen market dominance in current geographies, through organic as well as inorganic initiatives, as well as drive commercial excellence across branch management, digitalization and automation.

Board of directors

Chairperson

Kate Swann

Board member

Albert Gustafsson

Board member

Joen Magnusson

Board member

Per Bertland

Board member

Kerstin Lindvall

Board member

William Striebe

Board member

Frida Norrbom Sams

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We are eager to explore how we can achieve great things together.