Fresks

Ostersund, Sweden Founded: 1862 • Age: 164 yrs Acquired By Kesko
Designer and constructor of temperature-controlled environments
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About Fresks

Fresks is a company based in Ostersund (Sweden) founded in 1862 was acquired by Kesko in March 2019.. Fresks has completed 1 acquisition, including Xlbygg.

  • Headquarter Ostersund, Sweden
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Kesko
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Kesko

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Kesko

    & 1 more

    (Mar 29, 2019)

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Funding Insights of Fresks

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

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Investors in Fresks

Fresks has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Kesko and Litorina. 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.

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Venture Fund
Investor Description Founded Year Domain Location
Litorina is engaged in investing in Nordic niche market leaders.
Founded Year Domain Location
Provider of financial advisory and trading services
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 Fresks

Fresks has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Xlbygg. 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
Construction retailing services are provided in Sweden since 2008.
2008
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 - Fresks

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

Fresks Comparisons

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Competitors of Fresks

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 Fresks

Frequently Asked Questions about Fresks

When was Fresks founded?

Fresks was founded in 1862.

Where is Fresks located?

Fresks is headquartered in Ostersund, Sweden. It is registered at Ostersund, Jamtland, Sweden.

Who is the current CEO of Fresks?

Leif Lindholm is the current CEO of Fresks.

What does Fresks do?

Designer and constructor of temperature-controlled environments. This company specializes in the design and construction of various temperature-controlled spaces, including low-temperature stores, chill stores, fruit ripening rooms, food processing areas, modular cold stores, clean rooms, and fire-rated enclosures and partitions. They offer project management services, guiding clients through the entire process from initial brief to completion. Their expertise encompasses insulation and refrigeration techniques, ensuring projects are completed on time and within budget, regardless of scale, from small walk-in units to large industrial cold stores. The company maintains up-to-date knowledge of relevant building, fire, and environmental regulations, providing clients with peace of mind.

How many acquisitions has Fresks made?

Fresks has made 1 acquisition, including Xlbygg.

Who are Fresks's investors?

Fresks has 2 investors. Key investors include Kesko, and Litorina.

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