MALMO, Sweden — Beijer Ref AB has signed an agreement to acquire Young Supply Co., a North American distributor of commercial refrigeration and HVAC products with headquarters in Chesterfield Township, Michigan, near Detroit.

Young Supply, a family-owned company founded in 1935, serves contractors in the Midwest, including Michigan and Ohio — states adjacent to Beijer Ref’s current U.S. holdings.

Young Supply provides an experienced and professional team dedicated to offering solutions in commercial refrigeration and HVAC, primarily focusing on the aftermarket for both residential and commercial projects, according to a press release from Beijer Ref. The company has strong alignment with Beijer Ref’s key suppliers in the U.S.

Young Supply, with approximately 200 employees, will continue to operate under its existing brand, both in distribution and marketing. The existing management will roll over investment into Beijer Ref’s U.S. platform and continue to run the business, the press release said.

“We are pleased to welcome Young Supply to the Beijer Ref group. The company offers comprehensive expertise and knowledge, primarily in commercial refrigeration, which will be an important addition to Beijer Ref’s existing platform in the United States,” said Beijer Ref CEO Christopher Norbye. “With our collective industry knowledge, new opportunities arise to create meaningful synergies that support the long-term goals of the business. The acquisition aligns with our overall acquisition strategy, and we look forward to continuing to drive growth and develop the company together with the existing owners.”