The Finnish Competition and Consumer Authority (FCCA) has approved the transaction, through which the private equity company Korona Invest Oy’s fund, Korona Fund IV Ky, acquires the majority stake in Fredman Group Oy. The approval of the transaction does not come with any conditions.
On March 12, 2024 Fredman announced its focus on its core business, namely kitchen products and food packaging solutions. With this business acquisition, Fredman has better opportunities to expand its business both in Finland and beyond our borders.
The transaction was completed today April 18, 2024, and Fredman Group Oy has a new majority owner from the fund managed by Korona Invest. Owner-entrepreneurs Clas and Peter Fredman, along with Fredman’s CEO Per-Henrik Hagberg, will continue in the company as significant minority owners.
News release 12.3.2024: Fredman Group has a new majority owner – Korona Invest will accelerate the company’s growth