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Beijer Ref AB Class B ( ($SE:BEIJ.B) ) has issued an update.
Beijer Ref AB has announced the acquisition of 80% of Airwave, a leading HVAC distributor in the Baltic region, with an option to acquire the remaining shares. This strategic move is expected to enhance Beijer Ref’s market presence and capabilities in the HVAC sector, although it will have a minor positive impact on the company’s financial results. The acquisition aligns with Beijer Ref’s strategy to strengthen its market presence and leverage synergies across its operations.
The most recent analyst rating on ($SE:BEIJ.B) stock is a Hold with a SEK160.00 price target. To see the full list of analyst forecasts on Beijer Ref AB Class B stock, see the SE:BEIJ.B Stock Forecast page.
More about Beijer Ref AB Class B
Beijer Ref AB is a global technology-oriented trading group specializing in refrigeration and climate control solutions. It is one of the largest refrigeration wholesalers worldwide, with a presence in 45 countries across Europe, North America, Africa, Asia, and Oceania.
YTD Price Performance: -8.03%
Average Trading Volume: 898,245
Technical Sentiment Signal: Hold
Current Market Cap: SEK75.73B
For a thorough assessment of BEIJ.B stock, go to TipRanks’ Stock Analysis page.