TEFCOLD Acquires Capital Cooling

Thu Mar 17 08:34:46 CST 2022 Source: www.refindustry.com Collect Reading Volume: 2393
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The TEFCOLD Group has acquired certain assets of Beheren Limited trading as Capital Cooling as of March 12, 2022. The acquisition takes place as an asset deal where a subsidiary in the TEFCOLD Group “Hamsard 3655 Limited” is the acquiring company.

Capital Cooling is a well-known company within commercial cooling in the UK. During February 2022 Capital Cooling went into administration and the TEFCOLD Group has acquired certain assets including stock, trademarks, domain names, fixed assets, and the Goodwill of Capital Cooling from the administrators. The acquisition includes the transfer of 14 employees.

”We believe our strong operational model including quality control, logistics and supplier relationships will create significant value to the present customers of Capital Cooling and we are thrilled to develop the business further in the coming months” says TEFCOLD Group Chairman Torben Christensen and continues “Capital Cooling has a business that is complementary to the TEFCOLD business model and we are convinced that the acquisition will generate significant growth to the TEFCOLD Group and to existing suppliers of Capital Cooling.

During the next 1-2 weeks the TEFCOLD Group will reach out to all suppliers and key customers to discuss future cooperation

The TEFCOLD Group has a turnover of more than €120 million, 130 employees and warehouses in 4 countries. TEFCOLD (UK) which was previously known as Interlevin Refrigeration has more than 40 employees and has its UK office in Castle Donington where its premises includes warehouse and office space altogether covering more than 100.000 square feet.

Editor: Amanda