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Announced

Completed

Beijer Ref completed the acquisition of ACD Trade from Cliplight Manufacturing.

Synopsis

Beijer Ref, the global refrigeration wholesaler, completed the acquisition of ACD Trade, the Australian HVAC company, from Cliplight Manufacturing, a Canadian chemical company. Financial terms were not disclosed. “Australia is an important market for us, and it is pleasing that we found an opportunity to grow further. ACD Trade is a well-managed and fast-growing company that will add value to our group in the form of an expanded customer base and a broader product range within HVAC,“ Per Bertland, Beijer Ref CEO.

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