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Announced

Nordic Climate Group to acquire Buus and Nordkøl.

Synopsis

Nordic Climate Group, a provider of services and installations of cooling and heating systems, agreed to acquire Buus, a machinery manufacturing company that offers slurry ice generators and flake ice equipment, and Nordkøl, a provider of supply and service to all types of refrigeration systems with all sorts of refrigerant. Financial terms were not disclosed. “As we continue to expand in Denmark, we now have international cooperation as a vital piece of the puzzle. The focus of the new members on maritime cooling means that we can reach a market with customers in even more countries than we’ve worked with before. At the same time, we’re maintaining a strong local presence that broadens our opportunities in Denmark. The business and market combination we’ll achieve through Buus Køleteknik and Nordkøl is very interesting,” Fredrik Gren, Nordic Climate Group CEO.

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