Beijer Ref Set to Acquire US Company Young Supply

USA: The acquisition of Young Supply, a North American distributor of commercial refrigeration and HVAC systems with its headquarters located in Detroit, Michigan, has been agreed to the Swedish wholesaler Beijer Ref.

The company provides services to contractors throughout the Midwest, which includes Ohio and Michigan. These regions are close to Beijer Ref's existing US holdings. With 18 locations, Young Supply generates over SEK1.4 billion (USD 128 million) in sales annually.

Since joining the US market in 2022, the Swedish wholesalers' most recent acquisition will be their fourth in the country.

Young Supply is a family-run business that was established in 1935 and specialises in the HVAC and commercial refrigeration aftermarket for both residential and commercial projects.

It has a central warehouse distribution hub, six contractor training facilities, eighteen branch sites, and a sizable delivery fleet.

Source: Beijer Ref