Beijer Ref acquires leading air conditioning company in Spain
Beijer Ref has signed an agreement to acquire 75 per cent of the shares in GIA Group, with an option to acquire the remaining shares. GIA Group is an air conditioning company and one of Spain’s largest distributors with several own strong brands. The turnover during the completed fiscal year 2023 amounted to SEK 1.1 billion with good profitability. GIA Group was founded in 2000 and has since established itself as a leading entity in Spain in the development of high-performance and innovative air conditioning products. The company provides a professional team that possesses great