Fresks acquires Övik Låsteknik

Fresks continues to expand through the acquisition of Övik Låsteknik AB with operations in Örnsköldsvik. The previous owners will retain their respective operating roles in the company and reinvest a significant share of the proceeds from the transaction in Fresks.


Övik Låsteknik sells products, solutions and services within locks and security and will add to Fresks’ business area “Locks & Security”. The company has 5 employees and reported c. SEK 12 million in sales during the fiscal year ending 30 April 2017 with healthy profitability.

After the acquisition Fresks Group will have a total of 24 stores with pro forma revenues of c. SEK 1.5 billon and c. 380 employees.

For further information, please contact:

Leif Lindholm, +46 70 698 27 00, CEO Fresks Group

Fresks, founded in 1862 is a leading Swedish building material retail chain focused on the professional segment. The company has 24 stores under the brands XL-BYGG Fresks, XL-BYGG Östergyllen and Gärdin & Persson. Fresks sells high quality building material with high degree of service primarily to small and mid-sized professional customers. For more information, please visit and