G & L Beijer acquires a Danish refrigeration wholesaler
G & L Beijer AB is acquiring the Danish refrigeration wholesaler, FK Teknik A/S. FK Teknik’s sales for 2012 were approximately SEK 32M with good profitability. The company, founded in 1956, enjoys a very good reputation in the market. FK Teknik has five employees. The acquisition is a step forward in the consolidation of the Danish market. G & L Beijer already has a strong position in the market through its existing operation in Denmark. With the acquisition the position will be strengthened further. In the short term, the acquisition is expected to generate some cost synergies within