M&A Deal Summary

Francks Acquires Therma

On December 8, 2021, Francks acquired machinery company Therma

Acquisition Highlights
  • This is Francks’ 1st transaction in the Machinery sector.
  • This is Francks’ 1st transaction in Norway.

M&A Deal Summary
Date 2021-12-08
Target Therma
Sector Machinery
Buyer(s) Francks
Deal Type Add-on Acquisition

Target

Therma

Oslo, Norway
website
Therma is a turnkey contractor that supplies industrial heating and cooling systems. Therma was founded in 2007 and is based in Oslo, Norway.

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Buyer(S) 1

Buyer

Francks

Helsingborg, Sweden

website

Category Company
Founded 1950
Sector Business Services
Employees200
DESCRIPTION

Francks provides industrial refrigeration systems. It also designs, installs, services, and maintains refrigeration systems or cold rooms for grocery stores, commercial kitchens, production industries, and ice rinks. Francks was formed in 1950 and is based in Helsingborg, Sweden.

DEAL STATS #
Overall 9 of 18
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 9 of 18
Country (Norway) 1 of 5
Year (2021) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-24 Kyl & Värmepumpservice

Sweden

Kyl & Värmepumpservice design, sales, installation, and service of refrigeration, freezing, and heat pump systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-15 Invent

Olsvik, Norway

Invent is a provider of refrigeration and freezing systems, primarily aimed at public buildings, industry and commercial buildings. expertise in cooling and ventilation. Invent is based in Olsvik, Norway.

Buy -
Mergr

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