Transaction

Clearwater advises Francks Kylindustri on its sale to Segulah

Transaction

Francks Kylindustri sold to Segulah

Sell-side

Undisclosed

Role

Adviser to Francks Kylindustri on its sale to Segulah

Sector

Business Services

Region

Sweden

Clearwater has advised Francks Kylindustri on its sale to Segulah.

Francks Kylindustri is the market leading provider of industrial refrigeration in Sweden, with a turnover of €42.8m (SEK 450m). Founded in 1950, the company, , has 200 employees and a head office in Norrköping. Through its ten office locations, including Ludvika in the north, to Helsingborg in the south, Francks performs complex refrigeration installations across various industries.

Both the current chairman, Göran Franck, and CEO Per Hannius, will remain as owners together with Segulah.

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Advisers