The majority owner of the Francks Kylindustri group (“Francks Kylindustri”), Amplio Private Equity through the fund Segulah V, has signed an agreement to sell its entire interest in Francks Kylindustri to the IK X Fund, a fund managed by IK Partners (“IK”) (the “Transaction”).
The completion of the Transaction will trigger a change of control under the terms and conditions of the Swedish law governed SEK 550,000,000 senior secured floating rate bonds issued by Francks Kylindustri Holding AB (publ) (the “Issuer”), entitling the bondholders to – following completion of the Transaction – request that all or some of the bonds are repurchased at a price per bond of 101 percent of the nominal amount together with accrued but unpaid interest. As agreed between Amplio Private Equity and IK, it is the Issuer’s intention to exercise a voluntary total redemption of the bonds, in accordance with the terms and conditions of the bonds, in connection with completion of the Transaction, entitling the bondholders to 103.50 percent of the nominal amount together with accrued but unpaid interest.
The completion of the Transaction is subject to approvals from the relevant authorities and is expected to be completed during Q4 2025.

For further questions, please contact:
Sören Jensen, CEO
+46 76-130 14 66, soren.jensen@francksref.com
Kerstin Levin, CFO
+46 70-344 52 65, kerstin.levin@francksref.com