Litorina IV invests in Fresks

Litorina IV will be the new majority owner of Fresks, a leading Swedish building material chain in Northern Sweden, focused on professional customers.

Fresks has revenues of SEK 875 million through its 12 stores under the brand XL BYGG Fresks and Gärdin & Pärsson.

SPEAS has made an investment commitment of SEK 46m to the private equity fund Litorina IV.

View the press release from Litorina here