In short

For three generations Francks has stood for Sweden’s most competent craftsmen within industrial refrigeration and heating. Today we are a trusted supplier to a range of exciting companies where exact temperatures are crucial for how the day (and the fiscal year) will end. We design, install, service and maintain complete temperature systems for some of Sweden’s leading brands.


Pressrelease 11 January 2019

Segulah V L.P. acquires
Francks Kylindustri
Segulah V L.P. has entered into an agreement to acquire Francks Kylindustri AB from the
Francks family and CEO Per Hannius.
Francks is a leading company within the industrial refrigeration market with a turnover of approximately
MSEK 450. The company, founded in 1950, has approximately 200 employees and is headquartered in
Norrköping. With offices at ten locations from Ludvika in the north to Helsingborg in the south, Francks
undertakes complex refrigeration installations in a number of industries. Both current Chairman Göran Franck and CEO Per Hannius will remain as shareholders alongside Segulah.

”I look forward to work with Segulah so Francks can continue to grow and together with Segulah develop
our customers’ businesses. With Segulah as a new, strong majority shareholder, we get the opportunity
to invest further, both organically and through strategic acquisitions”, says Per Hannius.

”Segulah, who previously has completed several successful investments in the installation sector, is pleased
to be the new majority shareholder of Francks. We look forward to develop the business together with
Francks’ strong management team”, says Marcus Planting-Bergloo, Partner at Segulah Advisor AB.
The acquisition is the eight investment for Segulah V L.P.

For further information: please visit, or contact:
Per Hannius, CEO, Francks Kylindustri AB, +46 73 53 99 225
Marcus Planting-Bergloo, Partner, Segulah Advisor AB, +46 70 22 91 185