CLP has assisted Segulah-backed Francks Kylindustri on the acquisition of Therma Industri, Invent and HB Kuldetjeneste
Therma Industri AS is the leading provider of industrial heating and cooling solutions in Norway. The acquisition marks Francks Kylindustri’s expansion into the attractive Norwegian market and the beginning of Francks Kylindustri’s next growth phase. Francks Kylindustri and Therma Industri now joins forces to create a Nordic platform for industry-leading services within industrial cooling and heating. The combined group of Francks Kylindustri and Therma Industri forms a strong platform for further Nordic expansion, and have already strengthened their position in Norway through the acquisitions of Invent AS and HB Kuldetjeneste AS, both of which have a long history and broad competence within cooling and heating solutions.
CLP’s team consisted of Lars Gunnar Aas, Kristoffer Gjesdahl and Axel Woxholth.
Read more about the case here (Therma Industri), here (Invent) and here (HB Kuldetjeneste).