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Beijer Ref AB operates within the refrigeration and air conditioning distribution industry. Headquartered in Malmö, Sweden, the company offers a wide range of products and services, including commercial refrigeration systems, air conditioning, and heating solutions. It serves a variety of sectors, such as retail, industrial, and residential markets. Beijer Ref AB has an extensive geographic presence with operations across Europe, Asia, and Africa. The company's strategic strength lies in its expansive distribution network and a diverse product portfolio that includes environmentally sustainable solutions. Its commitment to innovation enables it to meet evolving regulatory and efficiency demands.

GE Aerospace is the global leader in designing, manufacturing, and servicing commercial aircraft turbine engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 80,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; General Electric became a storied conglomerate, with peak revenue of $130 billion in 2000, until it spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.