Founded in 2001, Cool4U is headquartered in Szarvas (
Cool4U will continue to operate under its own brand, in both distribution and marketing. The acquisition is expected to have a minor positive impact on
The parties have signed a binding agreement; however, the transaction needs to be approved by the competition authority in
"Cool4U has strong brand recognition in the region and further enhances our offering in the HVAC sector. The company's wide range of products, coupled with their extensive experience and dedication, allows us to provide even more solutions to our customers. The acquisition supports our acquisition strategy to diversify our product portfolio and extend our market presence. We look forward to continuing to develop the company and its brand together with the existing management team."
Malmö,
For more information, please contact:
CFO
Telephone +46 40-35 89 00
Email jdn@beijerref.com
Niklas Willstrand
Director of
Telephone +46 40-35 89 00
Email nwd@beijerref.com
https://news.cision.com/beijer-ref-ab/r/beijer-ref-acquires-leading-hvac-distributor-in-hungary,c4003407
https://mb.cision.com/Main/1860/4003407/2874292.pdf
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