Fredman Group Oy
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Fredman Group Oy - overview
Established
2016
Location
Espoo, -, Finland
Primary Industry
Packaging
About
Founded in 2016 and based in Espoo, Finland, Fredman Group Oy, operates as a manufacturer of kitchen products such as coffee filters, piping bags, and aluminium foil. In March 2024, Korona Invest acquired a majority stake in Fredman Group Oy. As of 2024, the company is led by its CEO, Per-Henrik Hagberg. The company offers coffee filters, baking papers, piping bags, doilies, cake underlays, foil trays, and pan liners, and many more food-safe products for cooking and baking, storage and food waste management, take-away services, and food safety.
Fredman provides plastic bags, trays, cups, transport boxes, cake boxes, paperboard boxes, vacuum bags, heat seal bags, cling film, plastic containers, and foil, all designed to facilitate proper food storage and minimize waste. Following the March 2024 funding, the company plans in strengthening its offerings and capabilities while transferring services to CGI Finland.
Current Investors
Korona Invest
Primary Industry
Packaging
Sub Industries
Packaging
Website
www.fredmangroup.com/
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Fredman Group Oy - timeline of key events
Fredman Group Oy - financials
| Fiscal Year Ended | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 23,306,368.3 | 23,774,925.1 | 25,502,591.4 | 23,731,357.2 | 23,790,526.5 | 24,010,294.1 | 25,565,719.4 | 30,140,550.7 | 32,084,473 | - | - | - |
| % Revenue Growth (YoY) | - | 2.0% | 7.3% | (6.9%) | 0.2% | 0.9% | 6.5% | 17.9% | 6.4% | - | - | - |
| EBITDA (USD) | 2,164,763.4 | 1,957,333.9 | 2,508,911.7 | 1,636,771 | 1,230,329.9 | 1,394,104.1 | 1,700,285.4 | 3,228,054.6 | 2,602,546.5 | - | - | - |
| Operating Income (USD) | 1,692,764.7 | 1,476,785.1 | 2,193,250.1 | 1,343,948.6 | 925,530.1 | 1,075,464.8 | 1,366,248.4 | 2,869,137.1 | 2,027,498.3 | - | - | - |
| Operating Margin | 7.3% | 6.2% | 8.6% | 5.7% | 3.9% | 4.5% | 5.3% | 9.5% | 6.3% | - | - | - |
| % EBITDA Margin | 9.3% | 8.2% | 9.8% | 6.9% | 5.2% | 5.8% | 6.7% | 10.7% | 8.1% | - | - | - |
| NET Income (USD) | 1,284,663 | 1,161,521.6 | 1,665,419.3 | 1,032,490.5 | 715,078.6 | 841,286.5 | 1,079,765.3 | 2,277,541.4 | 1,819,098.9 | - | - | - |
| % Net Margin | 5.5% | 4.9% | 6.5% | 4.4% | 3.0% | 3.5% | 4.2% | 7.6% | 5.7% | - | - | - |
Fredman Group Oy - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Fredman Group Oy | - |
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Fredman Group Oy - employee data
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