# Francks Kylindustri acquires Therma Industri and Invent AS to expand in Norway

Swedish refrigeration contractor Francks Kylindustri expanded into Norway by acquiring industrial refrigeration contractor Therma Industri AS and cooling and ventilation firm Invent AS.

- Type: Acquisition
- Announced: 2021-12-16
- Where: Norway, Norway
- Status: completed
- Products: industrial cooling and heating solutions, air treatment systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Francks Kylindustri](https://endata.com/companies/8622.md) (acquirer)
- [Invent](https://endata.com/companies/19601.md) (target)
- [Therma Industri](https://endata.com/companies/59779.md) (target)

## Sources

- [coolingpost.com](https://www.coolingpost.com/world-news/swedish-contractor-francks-expands-in-norway/), 2021-12-16: "Swedish refrigeration contractor Francks Kylindustri has expanded its operations into neighbouring Norway with the acquisitions of industrial refrigeration contractor Therma Industri AS and cooling and ventilation firm Invent AS."
- [stratema.com](https://stratema.com/en/great-deals/francks-kylindustri-acquires-therma-industri/), 2022-01-06: "We are delighted to enter the Norwegian market through Therma, and to strengthen our Nordic market position."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.