Nordic Climate expands into the Netherlands
2nd July 2024SWEDEN/NETHERLANDS: Nordic Climate Group has expanded its operations into the Netherlands with the acquisitions of Dutch installers Compair Airconditioning BV and T&S Klimaattechniek BV.
A major player in Sweden, Norway, Finland and Denmark, these acquisitions mark Nordic Climate’s first moves into northern Europe, with further acquisitions promised.
“The entry into the Netherlands not only means a new country but also a significant first step onto the European continent,” commented Nordic Climate Group CEO Fredrik Gren.
Established in 1999, Compair Airconditioning is based in Capelle aan den IJssel and majors on air conditioning, heat pumps and complete climate control.
T&S Klimaattechniek was formed in 1997 and is based in Woerden. It has experienced stable growth with customers primarily in data centres.
Together, the companies will contribute around €23m to Nordic Climate Group’s turnover of over €400m.