Beijer Ref is expanding its Oceania footprint with two deals that strengthen its offering in industrial refrigeration and natural refrigerants.
To further bolster its position in Oceania, Beijer Ref has acquired the assets of the Australian company Industrial Refrigeration Components (IRC).
IRC has an annual turnover of approximately AU$3.1 million, and the company consists of two employees. IRC will be integrated into Beijer Ref Australia’s current organisation and will have a minor influence on the company’s earnings and position.
Beijer Ref has also entered into an exclusive co-operation agreement for the distribution of LU-VE products. LU-VE is one of Beijer Ref’s partners in heat exchangers, in Australia and New Zealand. The company says these agreements complement its strategy when it comes to focusing on natural refrigeration technology.
Beijer Ref is expanding its portfolio in these markets to include ammonia units (NH3) via SCM Ref Australia, Beijer Ref Australia’s manufacturing operation.
According to Beijer Ref, the investment will reinforce its ability to meet the overall need that exists in the local industrial market – with a complete set of industrial products and components.
As part of the agreement, Australian customers will be able, via Beijer Ref Australia and SCM Ref Australia, to buy LU-VE products, as well as take part in a wide range of specialised industrial components.
“This is a very positive development,” says Beijer Ref CEO Per Bertland. “Our customers can now conveniently take part in Beijer Ref’s wide range of products, both when it comes to commercial, industrial as well as natural refrigerant solutions, while being supported by our Australian branch network.”