Beijer Ref continues to expand in Australia through the acquisition of Armcor
To further diversify its portfolio in Australia, Beijer Ref has entered into an agreement to acquire 100% of the climate and ventilation solutions company, Armcor. The acquisition allows Beijer Ref to expand its offer and provide a complete suite of HVAC equipment. It also provides the Beijer Ref organization with new competencies as well as access to a segment they have not previously been present in. Armcor is specialized in energy efficient fresh air solutions and energy-recovery systems. The company consists of 37 employees and has a good profitability with annual sales of