Brief: Beijer Ref Acquires Amsco Supply In North America

Beijer Ref AB (publ)

26/09/2023 16:02

Sept 26 (Reuters) - Beijer Ref AB (publ)  BEIJb.ST :
    * BEIJER REF ACQUIRES AMSCO SUPPLY IN NORTH AMERICA
    * AMSCO HAS ANNUAL SALES OF APPROXIMATELY SEK 500 MILLION.
    * AMSCO WILL CONTINUE TO OPERATE UNDER ITS OWN BRAND, IN
BOTH
DISTRIBUTION AND MARKETING.
    * SIGNED AN AGREEMENT TO ACQUIRE ASSETS OF AMSCO SUPPLY
("AMSCO"),
A NORTH AMERICAN WHOLESALE HVAC DISTRIBUTOR
    * ACQUISITION IS EXPECTED TO HAVE A MINOR POSITIVE IMPACT ON
GROUP'S RESULT AND POSITION
    * AMSCO SUPPLY EMPLOYS APPROXIMATELY 50 PEOPLE.
    * ACQUISITION IS CONSISTENT WITH OUR OVERALL STRATEGY,
DRIVING
INCREASED COMMERCIAL SYNERGIES AND OPERATIONAL EFFICIENCIES
WITHIN US MARKET - CEO

Source text for Eikon:  ID:nWkr1YH0V 
Further company coverage:  BEIJb.ST 

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