Francks

Karlskrona, Sweden Founded: 1950 • Age: 76 yrs
Industrial heating and cooling solutions are provided for technical applications.

About Francks

Francks is a company based in Karlskrona (Sweden) founded in 1950. It operates as a Professional Services, and Managed Services. Francks has completed 2 acquisitions, including Sogn Kjoleservice and Therma. Francks offers products and services including Industrial Cooling, Heating Solutions, and Automation Systems.

  • Headquarter Karlskrona, Sweden
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Francks

Francks offers a comprehensive portfolio of products and services, including Industrial Cooling, Heating Solutions, and Automation Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Tailored cooling systems are provided for various industries.

Efficient heating systems are installed for environmental sustainability.

Custom automation solutions are developed for industrial applications.

People of Francks
Headcount 50-200
Employee Profiles 5
Employee Profiles
People
Gustav Flogén
It-chef / Group CIO
People
Morgan Karlsson
Ekonomiansvarig
People
Caroline G. Wallentinsson
Business Controller
People
Jenny Wahlin
Team Leader Business Control

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Funding Insights of Francks

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2025 Amount Private Equity Round - Francks Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Francks

Francks has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include IK Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investments are directed toward small and medium-sized businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Francks

Francks has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Sogn Kjoleservice and Therma. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Lighting systems are manufactured by Therma in Oslo, Norway.
1997
Provider of residential plumbing, electricity, and cooling services
1971
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Francks

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Francks Comparisons

Employees
+
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Competitors of Francks

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Francks

Frequently Asked Questions about Francks

When was Francks founded?

Francks was founded in 1950 and raised its 1st funding round 75 years after it was founded.

Where is Francks located?

Francks is headquartered in Karlskrona, Sweden. It is registered at Karlskrona, Blekinge, Sweden.

Who is the current CEO of Francks?

Magnus Detterholm is the current CEO of Francks.

What does Francks do?

Francks is engaged in delivering tailored cooling and heating solutions across various sectors including restaurants, retail, logistics, and sports facilities. Comprehensive services are offered, from design and installation to maintenance and automation systems. Energy-efficient and environmentally sustainable technologies are prioritized to ensure optimal temperature control for industrial and commercial applications.

What products or services does Francks offer?

Francks offers Industrial Cooling, Heating Solutions, and Automation Systems.

How many acquisitions has Francks made?

Francks has made 2 acquisitions, including Sogn Kjoleservice, and Therma.

Who are Francks's investors?

Francks has 1 investor. Key investors include IK Partners.

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