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Announced

Altor-backed Nordic Climate Group to acquire SA-AL Køleteknik.

Synopsis

Altor-backed Nordic Climate Group, a provider of services and installations of cooling and heating systems, agreed to acquire SA-AL Køleteknik, a supplier of air conditioning systems in Denmark. Financial terms were not disclosed. “I am very happy that SA-AL is becoming part of Nordic Climate Group. We have a fantastic group of employees whose teamwork has ensured good progress. Now, we’re looking to the future with Nordic Climate Group as the way to take the next step in Denmark. When seeking out a partner, we’ve looked specifically for professionalism and an entrepreneurial spirit that focuses on sustainability. There have been several potential buyers on the pitch, but we had no doubt that Nordic Climate Group were the ones we wanted to end up with. We see excellent opportunities to exchange know-how and start collaborations with our new colleagues in neighbouring countries,” Rune Høyer, SA-AL CEO.

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