Francks Kylindustri and Therma Industri continue the expansion in Norway through the acquisition of Storm Kulde. Storm Kulde, headquartered in Ulefoss, Telemark, southwest of Oslo, is engaged in installation and service of cooling systems in the nearby area. The current owners will remain operational in the company.
“We are happy to welcome Storm Kulde to Therma Industri and Francks Kylindustri. Storm Kulde will add valuable competence, experience and capacity, strengthening the coverage southwest of Oslo. We look forward to work together and expand our presence in the region.” says Per Christian Sandved, CEO of Therma Industri.
“We are excited to become part of Therma Industri and Francks Kylindustri. The knowledge and experience they represent give us great potential to offer our customers additional expertise and to take on projects on more complex facilities. This creates increased customer value and more opportunities for sustainable solutions in the future.“ says Emma Grorud Nicolaisen, CEO of Storm Kulde.
Francks Kylindustri is, with its subsidiary Therma Industri, the leading Nordic industrial and commercial cooling specialist with 50+ offices and ~600 employees across Sweden, Norway, Denmark and Finland.
For further information, please visit www.francksref.com, www.amplio.se or contact:
Marcus Planting-Bergloo, Managing Partner, Amplio Private Equity
+46 70 229 11 85, planting@amplio.se
Per Christian Sandved, CEO, Therma Industri AS
+47 92 81 16 03, perchristian.sandved@therma.no
Established in 2024 by the former Segulah team, Amplio is a Swedish private equity firm specialising in the Nordic lower mid-market with a strong track record and long experience of developing companies in close cooperation with skilled entrepreneurs, business leaders and industrial experts. Amplio has a distinct sector focus on Business Services and IT & Technology Services, combined with strong buy-and-build focus. To ensure long term structural growth we invest, with sustainability in focus, into markets fuelled by three major themes: ‘Sustainable Solutions’, ‘Digital Business Efficiency’ and ‘Smart Urbanisation’.
