Beijer Ref acquires leading HVAC distributor in Croatia
As of today, Beijer Ref has acquired 80% of the shares in Deltron, with an option to acquire the remaining shares. The company is headquartered in Split (Croatia) and has an annual turnover of approximately SEK 400 million, with a good profitability.Deltron was founded in 1995 and their main business consists of air conditioning equipment for commercial and private use. In 2014, Deltron established a subsidiary in Sarajevo (Bosnia and Herzegovina) that in recent years has experienced strong and profitable sales growth. Beijer Ref already has a minor presence in Croatia and will, through