Fund: Segulah V
Sector: Business Services Investment year:2019 Turnover:MSEK ~1,800 Employees:~570 CEO:Magnus Detterholm Chairman:Tomas Johansson Board members:Håkan Bergkvist, Marcus Planting-Bergloo and Oskar Oxenstierna Responsible partner: Marcus Planting-Bergloo Website:francksref.com/
Francks is the leading Nordic industrial and commercial cooling specialist.
Founded in 1950, Francks provides business services within industrial cooling (e.g. cooling- and refrigeration solutions within industrials, district heating/cooling and logistics) and commercial cooling (e.g. cooling- and refrigeration solutions for supermarkets and professional kitchens). Francks operates across the entire value chain offering consultation, design, construction, installation, automation and aftermarket services. Francks has long relationships with blue-chip customers across the Nordics and is with its strong refrigeration expertise the go-to partner for complex projects. Francks has developed solutions for 70+ years ensuring customers’ productivity while helping to reduce the energy consumption for reduced environmental impact and improved lifetime cost.
During Amplio’s ownership, Francks has developed from a regional business in Sweden to a Nordic Group following market entry to both Norway and Denmark. The company has managed to achieve strong profitable growth, both organically and through strategic add-on acquisitions.