Tefcold Group A/S

TEFCOLD Group is a leading European supplier of commercial plug-in refrigeration products and solutions for the professional foodservice, hospitality, retail and beverage industries. The Group's principal activities comprise sourcing, warehousing, sales, marketing and servicing of commercial refrigeration equipment through a strong European distribution platform. TEFCOLD's ambition is to be the most successful company within the commercial refrigeration industry, measured by profitable growth, customer satisfaction and earnings. Every day we work to make our customers more successful by offering one of Europe's broadest product portfolios, high product availability, fast delivery and excellent customer service. Our objective is to make doing business with TEFCOLD easy while helping our customers increase their own sales and profitability To support this ambition, we continuously invest in our people, digitalisation, AI-supported processes, operational excellence and an efficient European logistics platform. Our long-term growth strategy combines organic growth through new customers, new products and increased share of wallet with existing customers, together with value-creating acquisitions that strengthen our geographical footprint, supplier base and customer offering. Group FactsDuring FY2025/26 TEFCOLD Group employed approximately 209 full-time employees across 14 European countries and operated warehouses in Denmark, the United Kingdom, Germany, Belgium, France, Spain, the Netherlands and the Czech Republic. The Group also operates testing and branding facilities in Denmark, the Czech Republic and the United Kingdom. TEFCOLD serves thousands of professional customers across Europe while sourcing products from a diversified supplier base in Europe and Asia. During the financial year the Group achieved 9% revenue growth, once again outperforming the overall European market despite continued weak market conditions in several countries. All Group companies delivered growth during the year except TEFCOLD Czech Republic, where Management made the strategic decision to exit the HVAC business in order to focus entirely on the Group's core commercial refrigeration activities. OrganisationTEFCOLD operates through local sales organisations close to customers, supported by strategically located warehouses that ensure high product availability, fast delivery and local customer service. Group Management supports the organisation through strategy development, resource allocation, procurement optimisation, inventory management, digitalisation, continuous improvement and theharmonisation of systems and processes across the Group. During the year TEFCOLD continued investing significantly in strengthening its organisation in several regions. These investments contributed to particularly strong growth in Scandinavia, France and Germany while preparing the organisation for continued future expansion. A major milestone during the year was the successful integration of TEFCOLD Germany (formerly Eureka GmbH) and TEFCOLD Holland (formerly Serrco B.V.) into the Group's warehouse structure, ERP platform and operational processes. Both companies are now fully integrated into the TEFCOLD organisation. In Spain, the former Horeca Global Solutions business has likewise been fully integrated into the TEFCOLD organisation, including warehouse operations, IT systems and business processes. Together with a significant expansion of the TEFCOLD product portfolio, this has created a much stronger platform for continued growth in both Spain and Portugal. The Group also continued investing in AI-supported inventory planning, customer-facing digital platforms and other initiatives supporting operational excellence.