Nordic Climate continues Danish growth - Cooling Post
Nordic Climate continues Danish growth - Cooling Post
Nordic Climate continues Danish growth
SWEDEN/DENMARK: Nordic Climate Group has increased its position in Denmark with the acquisition of Ørbæk Køleteknik in Hvidovre, Copenhagen.
This company is the first within the group to be based in Zealand underlines Nordic Climate Group’s position as Denmark’s largest refrigeration installation company and the leading installer of refrigeration, heating, and energy solutions in the Nordic region.
Nordic Climate Group was established in 2021 and, following the Ørbæk Køleteknik acquisition, has an annual turnover of SEK3.5bn and over 1,200 employees across more than 70 local establishments in the Nordics.
ThIs latest Danish acquisition follows the purchase of Buus Køleteknik, Nordkøl, SA-AL Køleteknik and PVN Køleteknik earlier this year. The Danish operation now has 120 employees and an annual turnover of approximately DKK250m.
Ørbæk Køleteknik offers sales, service, and maintenance of cooling systems for retail, shops and light industry in Copenhagen and Zealand. The company has 25 employees.
The company, like others within the group, will continue to operate as Ørbæk Køleteknik under its existing owners.
“The acquisition of Ørbæk Køleteknik complements Nordic Climate Group’s other activities in the grocery retail and light industry sectors very well,” commented Nordic Climate Group CEO Fredrik Gren. “Ørbæk Køleteknik has also built up significant expertise in natural refrigerants, with a particular focus on CO2.”
Related stories:
Nordic Climate Group continues Danish growth– 17 September 2023
SWEDEN/DENMARK: The Nordic Climate Group has further increased its presence in Denmark with the acquisition of Buus Køleteknik and Nordkøl. Read more…
NCG continues Danish expansion– 24 August 2023
SWEDEN: Nordic Climate Group (NCG) has continued its growth in Denmark with the acquisition of air conditioning, refrigeration and heat pump contractor PVN Køleteknik. Read more…
Altor takes majority stake in Nordic Climate Group– 17 May 2022
SWEDEN: Private equity firm Altor has signed an agreement with Capillar Equity to acquire a majority stake in Nordic Climate Group (NCG), a leading refrigeration contractor in Sweden and Norway. Read more…
Related Knowledge Center: Climate science
What began as a theory in the 1890s — that industrial emissions of carbon dioxide could increase global temperatures — had progressed to a scientific fact a century later. Scientists across a range of disciplines are studying the impact of the still-growing concentration of carbon dioxide and other so-called “greenhouse gases” in the atmosphere as they call for industrial and governmental policies to slow, then halt, the warming of the planet.