Cactus Mechanical Group (including Aircon Maintenance and Westcold Refrigeration)

Acquirer: Nordic Climate Group (NCG)

Nordic Climate Group (NCG), a prominent provider of energy-efficient cooling and heating solutions from the Nordic region, has successfully acquired the Cactus Mechanical Group. This group includes Cactus Mechanical, Aircon Maintenance, and Westcold Refrigeration, which collectively offer comprehensive HVAC, air conditioning, commercial refrigeration, and ventilation solutions across the UK.Summary of transaction details:Value: UndisclosedSector: HVAC, Air Conditioning, Commercial Refrigeration, Ventilation SolutionsAdvisor: KBS CorporateKey Entities: Target: Cactus Mechanical Group (Cactus Mechanical, Aircon Maintenance, Westcold Refrigeration); Acquirer: Nordic Climate Group (NCG)Location: Target: Leeds, UK (Yorkshire); Acquirer: Stockholm, Sweden (Nordic region), expanding into the UK and Ireland.Note: This acquisition represents a strategic move by Nordic Climate Group to strengthen its presence and service offering within the UK and Ireland. By integrating the Cactus Mechanical Group's established reputation for quality and technical competence, NCG aims to enhance its ability to deliver reliable climate solutions and support its growth trajectory in key European markets.