Bravida strengthens its position within cooling in northern Sweden by acquiring Friginor Kylmontage och Service AB
Bravida acquires Friginor Kylmontage och Service AB which operates in several locations in northern Sweden. The company has 50 employees and a turnover of approximately SEK 70 million.
– The company operates in an area that is larger than a quarter of Sweden's surface area and enables us to strengthen our cooling operations in Division Nord considerably. The acquisition creates synergies with our other business areas and will contribute to further growth in the division, says Mikael Lidström, Division Manager Bravida Division Nord.
Friginor Kylmontage och Service AB was founded in 1984 by Anders and Stig-Göran Lind who still are the owners of the company.
– It feels good to have found a strong owner that will back us up to build a sustainable and long term future. Becoming a part of Bravida means that we can continue to develop ourselves and our operations. I am convinced that we, together with Bravida’s other business areas, will be able to grow further, says Anders Lind, owner and CEO of Friginor Kylmontage och Service AB.
Friginor Kylmontage och Service AB has offices in Luleå, Umeå, and Haparanda as well as service stations in Kiruna, Gällivare, Kalix, Boden, Piteå and Skellefteå. With a total of 50 employees, the company had a turnover of SEK 73 million in 2014. Bravida enters ownership as per 1 November this year.
– With the acquisition of Friginor, Bravida becomes one of the leading companies in the Swedish cooling market. This is in line with Bravida's strategy to be leading in the areas and markets we operate in, says Mattias Johansson, CEO and Group President, Bravida.
For further information, please contact:
Mattias Johansson, CEO and Group President, Bravida. Phone: +46 8 695 20 00
Mikael Lidström, Division Manager, Bravida Division Nord. Phone: +46 21 15 48 40