Polarkøl acquired by SA-AL Køleteknik

29 Jul 2024

SA-AL Køleteknik ApS, part of Nordic Climate Group, acquires Polarkøl ApS in Hjørring and strengthens its position in the retail sector with a focus on natural refrigerants. The operation is fully in line with the goal of delivering systems with maximum energy efficiency and minimal climate impact. Through the deal, Nordic Climate Group, which owns SA-AL Køleteknik, expands its presence in Denmark. The acquisition complements the group's Danish companies: SA-AL Køleteknik, PVN Køleteknik, JF Køleteknik, Buus Køleteknik, Buus Køle-Service, Findan Køle og Elteknik, Nordfrost Køleservice, and Nordkøl. The companies can offer Danish customers complete cooling, heating, and energy solutions and, together with sister companies in Nordic Climate Group, are the leading industry player in the Nordic region.

Polarkøl, with 6 employees, has quickly established a strong position in the retail sector with significant expertise in natural refrigerants, especially CO2. The company has built a national customer base and is known for its flexibility and rapid response. In addition to the head office in Hjørring, the company is also located in Sorø.

"The acquisition of Polarkøl is strategically important as we jointly strengthen our position in terms of expertise and increase our geographical presence. We welcome Polarkøl's employees and customers and look forward to an excellent collaboration," says Rune Høyer, CEO of SA-AL Køleteknik.

Polarkøl and SA-AL Køleteknik know each other well and have previously collaborated with common customers.

"We have quickly grown into a national company with a solid customer base. Taking the next step is a significant task for a small organization, but together with SA-AL, we see significant opportunities for the development of both business and employees. We have followed SA-AL and their joining of Nordic Climate Group. That we now also become part of SA-AL and Nordic Climate Group feels truly exciting," says Alexander Weesgaard, owner and CEO of Polarkøl.

Since its inception in 2021, Nordic Climate Group has grown to become the leading player in cooling installations with a focus on energy efficiency and sustainability in Denmark, Sweden, Norway, Finland, and the Netherlands. Together, Nordic Climate Group has over 1,600 employees at approximately 80 local establishments and generates SEK 4.5 billion in revenue.

"In just over a year, we have step by step established Nordic Climate Group in Denmark. That another company is now joining shows that our model is attractive. Bringing together locally strong companies that continue under their own brand and with the same management, but with shared and larger resources, creates development opportunities. This is especially important in the transition to natural refrigerants," says Tue Sjøntoft, country manager, Nordic Climate Group Denmark.

For further information, contact:

Rune Høyer, CEO, SA-AL Køleteknik ApS

 rh@koleteknik.dk

 +45 26396239

Tue Sjøntoft, country manager, Nordic Climate Group Denmark,

tue.sjontoft@nordicclimategroup.dk

+45 91375145

About Nordic Climate Group

Nordic Climate Group is a leading player in cooling, heating, and energy-efficient installations with the vision of being a clear role model in sustainable climate solutions. We take full responsibility from idea, planning, installation, and delivery to maintenance and service. The group was formed in 2021 and consists of approximately 80 local establishments and has over 1,600 employees. Nordic Climate Group is owned by a broad group of entrepreneurs and employees together with Altor Fund V.