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Beijer Ref Expands North American Footprint with Strategic Acquisitions

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Beijer Ref Expands North American Footprint with Strategic Acquisitions

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The latest update is out from Beijer Ref AB Class B ( ($SE:BEIJ.B) ).

Beijer Ref AB has strengthened its presence in North America by acquiring Key Refrigeration Supply and Dennis Supply Company, two HVAC/R distributors in the United States with a combined annual turnover of approximately SEK 800 million. These acquisitions are set to enhance Beijer Ref’s market position and support its expansion into new regions, with a minor positive impact expected on the company’s financial results.

The most recent analyst rating on ($SE:BEIJ.B) stock is a Buy with a SEK169.00 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 technology-oriented trading group offering competitive solutions in refrigeration and climate control. As one of the largest refrigeration wholesalers globally, it operates in 45 countries across Europe, North America, Africa, Asia, and Oceania.

Average Trading Volume: 880,161

Technical Sentiment Signal: Hold

Current Market Cap: SEK76.29B

Learn more about BEIJ.B stock on TipRanks’ Stock Analysis page.

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