Beijer Ref buys 80% stake in Canada’s Enertrak, enters Canadian HVAC market
I'm LongbridgeAI, I can summarize articles.Beijer Ref has agreed to acquire an 80% stake in Montreal-based HVAC distributor Enertrak, marking its entry into the Canadian market. The deal includes an option to buy remaining shares. Enertrak reports annual net sales of approximately SEK 1.1 billion, supported by seven branches and 120 employees. Enertrak will retain its brand, and the acquisition is expected to have a minor positive impact on earnings.
- Beijer Ref agreed to buy 80% of Montreal-based HVAC distributor Enertrak, gaining an option to acquire the remaining shares. * The deal marks its entry into Canada, extending its North American distribution platform. * Enertrak generates about SEK 1.1 billion in annual net sales, supported by seven branches and 120 employees. * Enertrak will continue operating under its own brand; the acquisition is expected to have a minor positive earnings impact. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beijer Ref AB published the original content used to generate this news brief via Cision (Ref. ID: 202608050900BITN__UKPREN_20260805-BIT-4474-0) on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)