Beijer Ref is further diversifying its portfolio within Australia with the acquisition of Victorian-based climate and ventilation solutions business Armcor Air Solutions.
According to Beijer Ref, the acquisition will strengthen its ability to provide a complete suite of HVAC equipment, extending on the residential and light commercial packages currently being offered through its wholesale businesses. It also provides the company with new competencies and access to a segment that they have not been present in until now.
Armcor Air Solutions is a specialist in energy-efficient fresh air solutions and energy-recovery systems and will be supported by Beijer Ref’s local and international expertise and continued investment in advancing environmentally friendly solutions across evolving market segments.
The acquisition will see Beijer Ref take on Armcor’s local manufacturing facility and 37 staff based at the company’s main facility in Broadmeadows, Victoria.
Armcor Air Solutions will continue to operate under its current structure and under the direction of Kirby Sales and Marketing Manager Brett Hedge, M.AIRAH.
Beijer Ref Australia Managing Director Wayne Ferguson has lauded the move.
“This acquisition is one that is very exciting for Beijer Ref Australia,” he says, “as we take on a successful family operation to build on its capabilities and extend its compelling product offer to more customers nationally.”