Beijer Ref buys 80% stake in Canada’s Enertrak, enters Canadian HVAC market
Reuters2026/08/05 13:02- 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.
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