Positive effects from the acquisition of SCM Frigo which has now been completed

G & L Beijer has completed its strategic acquisition of the Italian SCM Frigo group. SCM Frigo designs, develops and builds chillers. The company reports annual sales of approximately SEK 220M with high profitability. The operation has around 70 employees. SCM Frigo is at the forefront of technical development of refrigeration units for new environmentally-friendly solutions. The collaboration between Beijer Ref and SCM Frigo has started very well. The acquisition has already generated the desired synergy effects with an increased number of orders for SCM Frigo’s products from Beijer Ref’