Segulah buys Francks Kylindustri

It is the eighth investment from Segulah V, a SEK 2.4bn buyout fund that closed in April 2016 and was 50% deployed across six investments by August 2017, according to Unquote Data.

Francks Kylindustri’s CEO Per Hannius and chair Göran Franck will both retain a minority stake in the business alongside Segulah.

The GP will support the company’s future growth with both organic initiatives and bolt-on acquisitions.

Company
Francks Kylindustri was founded in 1950 and is headquartered in Stockholm. The company installs industrial cooling installations for a number of sectors. It has 10 locations in Sweden and employs 200 people. The firm generated sales of SEK 450m in 2018.

People
Segulah – Marcus Planting-Bergloo (partner).
Francks Kylindustri – Per Hannius (CEO).

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