Buy Or Sell Opportunity • Jun 25
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 8.6% to kr137. The fair value is estimated to be kr108, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 6.5%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 9.5% per annum over the same time period. Declared Dividend • Jun 11
Dividend of kr0.75 announced Shareholders will receive a dividend of kr0.75. Ex-date: 26th October 2026 Payment date: 30th October 2026 Dividend yield will be 1.1%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 33%. Cash payout ratio: 21%. Board Change • Jun 11
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Independent Director Nathalie Delbreuve was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • May 30
Beijer Ref AB (publ) (OM:BEIJ B) acquired AM Distributors. Beijer Ref AB (publ) (OM:BEIJ B) acquired AM Distributors on May 29, 2026.
The acquisition is expected to have a minor positive impact on Beijer Ref’s results. The company will continue operating under its existing brand.
Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition of AM Distributors on May 29, 2026. Buy Or Sell Opportunity • May 22
Now 21% overvalued Over the last 90 days, the stock has fallen 4.1% to kr130. The fair value is estimated to be kr108, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 6.5%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 8.9% per annum over the same time period. Declared Dividend • May 20
Dividend of kr0.75 announced Shareholders will receive a dividend of kr0.75. Ex-date: 26th October 2026 Payment date: 30th October 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 33%. Cash payout ratio: 21%. Tillkännagivande • Mar 20
Beijer Ref AB (publ), Annual General Meeting, Apr 23, 2026 Beijer Ref AB (publ), Annual General Meeting, Apr 23, 2026, at 14:00 W. Europe Standard Time. Location: malmo borshus, skeppsbron 2, malmo Sweden Tillkännagivande • Jan 30
Beijer Ref AB (Publ) Proposes Dividend for the Financial Year 2025 The Board of Directors of Beijer Ref AB (publ) proposed a dividend of SEK 1.50 per share (1.40) for the year 2025, corresponding to 31% (32) of net profit for the year attributable to the parent company's shareholders, excluding items affecting comparability. This corresponds to an increase in the dividend of 7%. The Board of Directors proposes that the dividend be paid in two instalments to accommodate the Group's seasonal variations. The Board of Directors' final proposal for dividend per share will be presented no later than in connection with the notice to the Annual General Meeting. Tillkännagivande • Jan 28
Beijer Ref AB Announces Kate Swann Will Not Stand for Re-Election as Chair of the Board Beijer Ref AB has announced that Kate Swann will not stand for re-election as Chair of the Board at the forthcoming Annual General Meeting. Tillkännagivande • Jan 21
Beijer Ref AB (publ) (OM:BEIJ B) acquired 75% stake in Idema Clima Srl. Beijer Ref AB (publ) (OM:BEIJ B) acquired 75% stake in Idema Clima Srl on January 20, 2026. Beijer Ref has an option to acquire the remaining shares. The company will continue to operate under its own brand. The acquisition is expected to have a minor positive impact on Beijer Ref’s results. Idema has an annual turnover of approximately SEK 200 million.
Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition 75% stake in Idema Clima Srl on January 20, 2026. Tillkännagivande • Oct 21
Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire 80% stake in Airwave OÜ. Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire 80% stake in Airwave OÜ on October 20, 2025. Upon completion, Airwave OÜ will continue to operate under its own brand and Beijer Ref will have an option to acquire the remaining shares in Airwave OÜ. For the period ending December 31, 2024, Airwave OÜ reported total revenue of SEK 600 million.
The transaction needs to be approved by the competition authority in Estonia as conditions of closing. Robin Viia of Superia Corporate Finance acted as sole financial advisor to the founders of Airwave OÜ. Tillkännagivande • Apr 24
Beijer Ref AB (Publ) Approves Dividend for the Financial Year 2024, Payable on 2 May 2025 and on 30 October 2025 Beijer Ref AB (publ) at its AGM held on April 24, 2025, approved to pay a dividend of SEK 1.40 per share for the financial year 2024. The dividend shall be paid in two instalments, the first with SEK 0.70 per share with 28 April 2025 as record date and the second with SEK 0.70 per share with 27 October 2025 as record date. The dividend is expected to be distributed by Euroclear Sweden AB on 2 May 2025 and on 30 October 2025. Tillkännagivande • Mar 20
Beijer Ref AB (publ), Annual General Meeting, Apr 24, 2025 Beijer Ref AB (publ), Annual General Meeting, Apr 24, 2025, at 14:00 W. Europe Standard Time. Location: at glasklart, dockplatsen 1, in malmo, Sweden Tillkännagivande • Jan 03
Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition of 80% stake in Cool4u Kft. Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire 80% stake in Cool4u Kft on June 19, 2024. Beijer Ref has an option to acquire the remaining shares of Cool4u. Cool4U will continue to operate under its own brand, in both distribution and marketing. The parties have signed a binding agreement; however, the transaction needs to be approved by the competition authority in Hungary and an FDI (Foreign Direct Investment) screening will also be carried out as conditions of closing. The acquisition is expected to have a minor positive impact on Beijer Ref’s results. The company has an annual turnover of approximately SEK 500 million and with good profitability. Tamás Simonyi of KPMG Hungary acted as financial advisor to Cool4U Kft.
Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition of 80% stake in Cool4u Kft on January 03, 2025. Tillkännagivande • Oct 16
Beijer Ref AB (Publ) Appoints Nomination Committee Beijer Ref Nomination Committee shall consist of five members. The members should be one representative of each of the five largest shareholders in terms of voting rights based on the known shareholding as per the last trading day in August, that wish to participate in the committee. This year's Nomination Committee consists of the following members: Juho Frilander (EQT), Joen Magnusson (own and related parties' holdings), Per Bertland (own and related parties' holdings), Vegard Torsnes (Norges Bank), Patricia Hedelius (AMF Tjänstepension och Fonder) Juho Frilander has been appointed Chairperson of the Nomination Committee. The Nomination Committee will prepare proposals for the Annual General Meeting in 2025 regarding Board members, Chairperson of the Board of Directors, Chairperson of the Annual Meeting, Auditors, remuneration of the Board of Directors, the Auditors, Committee work, and to the extent deemed necessary, proposal regarding amendments of the current instruction for the Nomination Committee. Tillkännagivande • Jun 19
Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire 80% stake in Cool4u Kft. Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire 80% stake in Cool4u Kft on June 19, 2024. Beijer Ref has an option to acquire the remaining shares of Cool4u. Cool4U will continue to operate under its own brand, in both distribution and marketing. The parties have signed a binding agreement; however, the transaction needs to be approved by the competition authority in Hungary and an FDI (Foreign Direct Investment) screening will also be carried out as conditions of closing. The acquisition is expected to have a minor positive impact on Beijer Ref’s results. The company has an annual turnover of approximately SEK 500 million and with good profitability. Tillkännagivande • Apr 24
Beijer Ref AB (Publ) Approves Dividend for the Financial Year 2023, Payable on 30 April 2024 and 30 October 2024 Beijer Ref AB (publ) at its AGM held on April 23, 2024, in accordance with the board of directors' proposal, the meeting resolved to pay a dividend of SEK 1.30 per share for the financial year 2023. The dividend shall be paid in two instalments, the first with SEK 0.65 per share with 25 April 2024 as record date and the second with SEK 0.65 per share with 25 October 2024 as record date. The dividend is expected to be distributed by Euroclear Sweden AB on 30 April 2024 and on 30 October 2024. Tillkännagivande • Mar 21
Beijer Ref AB (publ) Proposes Dividend, Payable on 30 April 2024 and 30 October 2024 Beijer Ref AB (publ) announced that at its AGM to be held on 23 April 2024, to propose dividend: From the available unappropriated earnings of SEK 15,342,626,017, dividend shall be paid in the total amount of SEK 1.30 per share. Payment shall be made in two instalments of SEK 0.65 per share for the first instalment and SEK 0.65 per share for the second instalment. It is proposed that the record date for the first instalment be 25 April 2024 and for the second instalment 25 October 2024. If the Annual General Meeting resolves to accept this proposal, the first instalment will be due to be paid from Euroclear on 30 April 2024 and the second instalment on 30 October 2024. Tillkännagivande • Jan 23
Beijer Ref AB (publ) to Report Fiscal Year 2023 Results on Mar 28, 2024 Beijer Ref AB (publ) announced that they will report fiscal year 2023 results on Mar 28, 2024 Tillkännagivande • Dec 13
Beijer Ref AB (publ) to Report Q4, 2024 Results on Jan 31, 2025 Beijer Ref AB (publ) announced that they will report Q4, 2024 results at 8:30 AM, Central European Standard Time on Jan 31, 2025 Tillkännagivande • Nov 03
Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire Turner Engineering WA Pty Ltd. Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire Turner Engineering WA Pty Ltd on November 2, 2023. For FY 2022, Turner had an annual turnover of approximately SEK 200 million. Tillkännagivande • Jun 01
Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire CFD. Beijer Ref AB (publ) (OM:BEIJ B) signed an agreement to acquire CFD on June 1, 2023. The company, which is a distributor of heat pumps, geothermal energy products and HVAC components, has an annual turnover of approximately SEK 75 million. Tillkännagivande • Jan 31
Beijer Ref AB (Publ) Proposes Dividend The board of Beijer Ref AB (publ) proposed a dividend amounting to a total of SEK 475 million (419), corresponding to 38% (43) of the year's profit. Tillkännagivande • Jan 16
Beijer Ref AB (publ) to Report Fiscal Year 2022 Results on Apr 04, 2023 Beijer Ref AB (publ) announced that they will report fiscal year 2022 results at 9:00 AM, Central European Standard Time on Apr 04, 2023 Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improved over the past week After last week's 17% share price gain to kr169, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 17x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 246% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr98.78 per share. Recent Insider Transactions • Feb 09
Director recently bought kr1.5m worth of stock On the 8th of February, Per Bertland bought around 10k shares on-market at roughly kr145 per share. In the last 3 months, they made an even bigger purchase worth kr1.5m. Despite this recent purchase, insiders have collectively sold kr69m more in shares than they bought in the last 12 months. Recent Insider Transactions • Jan 30
Director recently bought kr1.5m worth of stock On the 28th of January, Per Bertland bought around 10k shares on-market at roughly kr152 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr70m more in shares than they bought in the last 12 months. Reported Earnings • Jan 28
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: kr2.57 (up from kr1.90 in FY 2020). Revenue: kr17.0b (up 21% from FY 2020). Net income: kr979.0m (up 36% from FY 2020). Profit margin: 5.8% (up from 5.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 18%, compared to a 4.9% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 18% share price decline to kr162, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 21x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 215% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr88.85 per share. Recent Insider Transactions • Oct 27
Director recently bought kr1.6m worth of stock On the 25th of October, Per Bertland bought around 9k shares on-market at roughly kr180 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr77m more in shares than they bought in the last 12 months. Reported Earnings • Oct 20
Third quarter 2021 earnings released The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: kr4.35b (up 13% from 3Q 2020). Net income: kr247.0m (up 1.2% from 3Q 2020). Profit margin: 5.7% (down from 6.4% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 58% per year, which means it is well ahead of earnings. Board Change • Oct 04
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Bill Striebe was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Jul 27
Director recently sold kr35m worth of stock On the 23rd of July, Per Bertland sold around 200k shares on-market at roughly kr173 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr40m more than they bought in the last 12 months. Reported Earnings • Jul 18
Second quarter 2021 earnings released: EPS kr0.80 (vs kr0.44 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr4.56b (up 37% from 2Q 2020). Net income: kr302.0m (up 82% from 2Q 2020). Profit margin: 6.6% (up from 5.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Jun 04
Independent Director recently bought kr1.4m worth of stock On the 31st of May, Frida Sams bought around 10k shares on-market at roughly kr142 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr5.1m more in shares than they bought in the last 12 months. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS kr0.47 (vs kr0.35 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr3.73b (up 7.3% from 1Q 2020). Net income: kr180.0m (up 35% from 1Q 2020). Profit margin: 4.8% (up from 3.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Executive Departure • Apr 20
Independent Director has left the company On the 15th of April, Peter Jurgensen's tenure in the role of Independent Director ended. As of December 2020, Peter personally held 1.68m shares (kr635m worth at the time). A total of 6 executives have left over the last 12 months. Upcoming Dividend • Apr 09
Upcoming dividend of kr1.80 per share Eligible shareholders must have bought the stock before 16 April 2021. Payment date: 22 April 2021. Trailing yield: 0.6%. Lower than top quartile of British dividend payers (4.2%). Lower than average of industry peers (1.3%). Reported Earnings • Mar 27
Full year 2020 earnings released: EPS kr5.71 (vs kr6.82 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr14.1b (down 5.1% from FY 2019). Net income: kr722.3m (down 16% from FY 2019). Profit margin: 5.1% (down from 5.8% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Executive Departure • Mar 12
Independent Chairman Bernt Ingman has left the company On the 3rd of March, Bernt Ingman's tenure in the role of Independent Chairman ended. As of December 2020, Bernt personally held 120.00k shares (kr45m worth at the time). A total of 5 executives have left over the last 12 months. Executive Departure • Mar 12
Independent Director has left the company On the 3rd of March, Monica Gimre's tenure in the role of Independent Director ended. We don't have any record of a personal shareholding under Monica's name. A total of 5 executives have left over the last 12 months. Executive Departure • Mar 12
Independent Director has left the company On the 3rd of March, William Striebe's tenure in the role of Independent Director ended. We don't have any record of a personal shareholding under William's name. A total of 5 executives have left over the last 12 months. Executive Departure • Mar 12
Director has left the company On the 3rd of March, Gregory Alcorn's tenure as Director ended after less than a year in the role. We don't have any record of a personal shareholding under Gregory's name. A total of 5 executives have left over the last 12 months. Tillkännagivande • Mar 04
Beijer Ref AB (publ) Announces Board Changes Beijer Ref AB (publ) announced that Bernt Ingman, Bill Striebe, Monica Gimre and Gregory Alcorn had all made their seats available and resigned as board members. The Extraordinary General Meeting General Meeting held on March 3, 2021 resolved, in accordance with the Nomination Committee's proposal, the election of new board members Kate Swann, Albert Gustafsson and Per Bertland for the period until the end of the next Annual General Meeting. Kate Swann was elected new chairman. Furthermore, it was decided that the Board shall consist of six Board members until the Annual General Meeting in April 2021. Joen Magnusson, Peter Jessen Jürgensen and Frida Norrbom Sams remain as board members. Recent Insider Transactions • Feb 06
Independent Director recently bought kr101k worth of stock On the 28th of January, Joen Magnusson bought around 300 shares on-market at roughly kr336 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr6.0m more in shares than they bought in the last 12 months. Recent Insider Transactions • Jan 30
Independent Director recently bought kr101k worth of stock On the 28th of January, Joen Magnusson bought around 300 shares on-market at roughly kr336 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold kr6.0m more in shares than they bought in the last 12 months. Reported Earnings • Jan 30
Full year 2020 earnings released: EPS kr5.71 (vs kr6.82 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr14.1b (down 5.1% from FY 2019). Net income: kr722.0m (down 16% from FY 2019). Profit margin: 5.1% (down from 5.8% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue misses expectations Revenue missed analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 9.3%, compared to a 4.2% growth forecast for the Trade Distributors industry in the United Kingdom. Tillkännagivande • Jan 29
Beijer Ref AB (Publ) Announces Resignation of Per Bertland as CEO Beijer Ref AB (publ) announced that Per Bertland plans to step down as CEO. The transition will take place when a successor has been found or during the latter part of 2021 at the latest. Per intends to remain active within Beijer Ref by making himself available to join the Board of Directors, if supported by the shareholders. Beijer Ref's largest shareholder, EQT Private Equity, has expressed its intention to call for a general meeting whereby they will nominate Per as a member of the Board of Directors. Is New 90 Day High Low • Jan 07
New 90-day high: kr380 The company is up 30% from its price of kr292 on 09 October 2020. The British market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr253 per share. Tillkännagivande • Jan 01
Beijer Ref AB (publ) (OM:BEIJ B) acquired 85% stake in Sinclair Global Group from Ivo Nešpor, Vladimír Pakosta, and Zdenek Cížek. Beijer Ref AB (publ) (OM:BEIJ B) signed a binding agreement to acquire 85% stake in Sinclair Global Group from Ivo Nešpor, Vladimír Pakosta, and Zdenek Cížek on December 18, 2020. As per terms of agreement, Beijer Ref AB (publ) the option to acquire the remaining shares. Sinclair’s annual sales amount to SEK 400 million. Sinclair’s products will continue to be distributed and marketed under its own brand with existing sales channels and will also be launched in several of other markets. The transaction is expected to close on December 31, 2020. Vladimír Cížek and Jirí Marek of Schönherr Rechtsanwälte Gmbh acted as legal advisor to Beijer Ref AB (publ) (OM:BEIJ B), Deloitte AB acted as accountant to Beijer Ref AB (publ) (OM:BEIJ B), Novalia acted as legal advisor to Ivo Nešpor, Vladimír Pakosta, and Zdenek Cížek and KPMG acted as accountant in the transaction.
Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition of 85% stake in Sinclair Global Group from Ivo Nešpor, Vladimír Pakosta, and Zdenek Cížek on December 18, 2020. Tillkännagivande • Dec 20
Beijer Ref AB (publ) (OM:BEIJ B) signed a binding agreement to acquire 85% stake in Sinclair Global Group. Beijer Ref AB (publ) (OM:BEIJ B) signed a binding agreement to acquire 85% stake in Sinclair Global Group on December 18, 2020. As per terms of agreement, Beijer Ref AB (publ) the option to acquire the remaining shares. Sinclair’s annual sales amount to SEK 400 million. Sinclair’s products will continue to be distributed and marketed under its own brand with existing sales channels and will also be launched in several of other markets. The transaction is expected to close on December 31, 2020. Recent Insider Transactions • Dec 12
Independent Chairman recently sold kr5.9m worth of stock On the 8th of December, Bernt Ingman sold around 18k shares on-market at roughly kr327 per share. This was the largest sale by an insider in the last 3 months. This was Bernt's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improved over the past week After last week's 18% share price gain to kr355, the stock is trading at a trailing P/E ratio of 62.2x, up from the previous P/E ratio of 52.6x. This compares to an average P/E of 23x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders over the past three years are 252%. Is New 90 Day High Low • Dec 10
New 90-day high: kr334 The company is up 2.0% from its price of kr328 on 11 September 2020. The British market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr145 per share. Tillkännagivande • Oct 10
Beijer Ref AB Announces Appointment of Election Committee Beijer Ref AB announced appointment of election committee which will consists of he following members: Muriel Makharine (Carrier Corp.), Tommi Saukkoriipi (SEB Investment management), Patricia Hedelius (AMF Pension), Joen Magnusson (own and related parties' holdings, Board member of the Beijer Ref Board of Directors), Bernt Ingman (Chairman of the Beijer Ref Board of Directors). Tommi Saukkoriipi has been appointed chairman of the Election Committee. Tillkännagivande • Jul 30
Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition of ACD Trade. Beijer Ref AB (publ) (OM:BEIJ B) have signed a binding agreement to acquire ACD Trade on January 28, 2020. Under the terms of transaction, Beijer Ref AB (publ) will acquire all shares of ACD Trade. ACD Trade reported annual sales of approximately SEK 540 million. ACD Trade will continue in its existing form and will be included in the company’s accounts from February 1, 2020. Transaction is expected to close on January 31, 2020. Transaction is not expected to affect the group’s earnings or financial position significantly but is estimated to produce long-term positive effects on both sales and earnings. KPMG Financial Advisory Services (Australia) Pty Limited acted as financial advisor to ACD Trade.
Beijer Ref AB (publ) (OM:BEIJ B) completed the acquisition of ACD Trade effective April 13, 2020. 