Francks Kylindustri has acquired Svedan Industri Køleanlæg A/S, strengthening its position as the leading provider of cooling and heating solutions in Denmark.
Information on the Target
Francks Kylindustri has agreed to acquire Svedan Industri Køleanlæg A/S (“Svedan”), a prominent Danish provider specializing in industrial cooling and heating solutions. This acquisition represents a strategic milestone for Francks, allowing the combined entity to establish a robust market position with comprehensive nationwide coverage in Denmark. In 2023, Svedan reported revenues of DKK 66 million, reflecting its strong presence in the sector.
Svedan is recognized for its commitment to delivering innovative solutions and exceptional service quality within the cooling industry. With a rich history and an established reputation, Svedan aims to utilize this partnership to further enhance its offerings and expand its reach in the Danish market.
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Industry Overview in Denmark
The industrial cooling and heating sector in Denmark is characterized by a growing demand for efficient and sustainable solutions. As businesses increasingly prioritize energy efficiency and reduction of carbo
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Disclosed details
Revenue: $10M