Beijer Ref’s acquisition of Heatcraft Australia has completed
Beijer Ref has completed the acquisition of the Heatcraft business, a refrigeration wholesaler, in Australia.On March 14, 2018, Beijer Ref announced that a binding agreement was signed to acquire the business of Heatcraft Australia Pty Ltd, owned by Lennox International Inc. The deal also includes a Singapore sales office, a manufacturing unit in China, and more than five percent of the shares in the public company Kulthorn Kirby, a Thai compressor manufacturer. This transaction has now completed, and Beijer Ref is preparing to include Heatcraft Australia in the Group's accounts as of 4