Beijer Ref Acquires Majority Stake in Italian A/C Distributor Idema
- brg_news_room
- 2 days ago
- 1 min read
Italy: Beijer Ref has acquired 75 percent of the shares in Idema, an air conditioning distributor based in Italy, with an option to acquire the remaining stake at a later stage. Idema, founded in 1993 and headquartered in northern Italy, distributes air conditioning solutions for residential and industrial applications across the Italian market. The company reports annual turnover of approximately SEK 200 million (USD 19 million, EUR 18 million).
Idema will continue to operate under its existing brand and management structure. Beijer Ref stated that the acquisition is expected to have a minor positive impact on its financial results and supports its strategy to expand market presence in Italy through established local distributors.
Source: Beijer Ref
