Beijer Ref’s acquisition of HRP approved by CMA in UK

Beijer Ref AB (publ) is pleased to announce that the UK Competition and Markets
Authority (“CMA”) has today unconditionally approved its acquisition of HRP
Holdings Limited (“HRP”). The acquisition of HRP was announced in November 2015
and completed in February 2016. However, the CMA launched an investigation on
its own initiative into the merger under United Kingdom merger control laws.

In reaching its decision, the CMA is satisfied that the merger will not
substantially lessen competition
Beijer Ref can now proceed with its restructuring plans for the HRP business,
which has been run
separately out of Beijer Ref’s control during the CMA’s investigation. The
investigation started on 25 February 2016. HRP will be consolidated during June
2016.

Per Bertland, CEO of Beijer Ref Group, said that ”we were highly confident that
the acquisition of HRP would not reduce competition and are satisfied that the
CMA has recognised this. My team and I can now get on and develop the HRP, 3D
and HRP OEM brands”. He went on to say ”I would like to take this opportunity to
thank our suppliers, customers and employees for their understanding and support
during this process.”

Malmö, 8 June 2016

Beijer Ref AB (publ)

For further information, please contact:

Per Bertland, CEO

Telephone +46 40-35 89 00

or

Jonas Lindqvist, CFO

Telephone +46 40-35 89 00

Beijer Ref AB (publ) discloses the information provided here pursuant to the
Securities Marcet Act and/or the
Financial Instruments Trading Act. The information was submitted for publication
on 8 June 2016.

BEIJER REF AB is a technology-oriented trading Group which, through added-value
products, offers its customers competitive solutions within refrigeration and
climate control. Beijer Ref is one of the largest refrigeration wholesalers in
the world, and is represented in 32 countries in Europe, Africa, Asia and
Oceania.

www.beijerref.com