Mandate Vinge has advised Carrier Global Corporation in connection with a sale of 9.25 million B shares in Beijer Ref AB (publ)

September 23, 2020

Vinge has advised Carrier Global Corporation in connection with a sale of 9.25 million B shares in Beijer Ref AB (publ) through an accelerated equity offering, with a total transaction value of approximately SEK 2.7 billion

Carrier Global Corporation (“Carrier”) is a leading global provider of heating, ventilating and air conditioning (HVAC), refrigeration, fire, security and building automation technologies, and is listed on the New York Stock Exchange.

Beijer Ref AB (publ) (“Beijer Ref”) provides commercial and industrial refrigeration as well as heating and air conditioning products and is listed on Nasdaq Stockholm.

The sold shares equal approximately 7.9 percent of the outstanding B shares in Beijer Ref. Following the transaction, Carrier continues to hold approximately 30 percent of the Beijer Ref B share capital, approximately 22 percent of the Beijer Ref A share capital and approximately 26 percent of the Beijer Ref total votes.

Vinge’s team consisted of Charlotte Levin, Linnéa Sellström, Anders Sundin Lundberg and Clara Sohlberg.

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