Buy, build, rise – how Nordic Climate Group does it
Having completed 17 transactions in 2023 and a further 17 deals in 2024, Alexander Vitols, head of M&A at Nordic Climate Group, knows a thing of two about the business of buying and building.
In this interview Alexander Vitols talks about the wide range of industries that HVACR is involved in, such as the precision cooling systems required by the marine industry; about the shift towards natural refrigerants and the importance of sustainability; about being at the forefront of driving change, becoming more energy efficient, and being a niche industry with a broad customer base.
As a leading provider of services and installations of cooling and heating systems with about 80 companies and a revenue of over EUR 430 million, they operate a decentralised model with each country responsible for overseeing their own operations. He says, “We believe in letting each company keep its brand, leadership, and the traits that have made it successful. Why change what works?”
Read the interview here.
