Press releases

Within the scope of its Sustainability Program, Instalco will be collaborating with Universeum, which is the national science centre of Sweden, located in Gothenburg. The purpose of the collaboration is knowledge development in the area of sustainability.

The Instalco company, Elektro-Centralen, has won an assignment for work at a new building that is being constructed at University of Gothenburg, School of Business, Economics and Law. Elektro-Centralen will be responsible for the electrical installations as part of a partnering project with Akademiska Hus and Serneke.

At the annual general meeting in Instalco today on 5 May 2022, it was resolved on, among other things, a dividend of SEK 0.65 per share, re-election of all members of the board of directors except for Olof Ehrlén who was not available for re-election, re-election of the auditor, authorisations for the board of directors to resolve on issues, acquisitions and transfers of own shares and the establishment of an incentive programme.

Instalco strengthens its offering in the Industrial area with the acquisition of Liab Instrumenteringar AB in Karlstad. The company manufactures and installs control systems and automation equipment for industry.

Instalco will release its Interim report Q1 2022 on 5 May at 11:00 CET. Instalco will also be presenting the report in a phone conference with webcast at 14:00 on the same day.

The Instalco company, Ventpartner, has signed an agreement with Skanska for the ventilation work in conjunction with construction of a new building for specialist psychiatry at Västervik Hospital. It is a partnering project involving Skanska, Region Kalmar and other partners.

The Instalco company, APC Elinstallatören, has signed an agreement with Region Östergötland for work that will be done at Linköping University Hospital. It pertains to electrical installations for stage two of the construction of the new building called Tinnerbäckshuset. The order value is approximately 40 million.

The acquisition Highcon AB has today been completed following the approval from the Swedish Competition Authority. The company with a turnover of approximately 325 million conducts its business in leasing and installation of scaffolding structures for the industry.

The Instalco company, Mesab has been engaged by Royal Caribbean Group and Carnival Corporation & PLC for comprehensive technical installations on five cruise ships. At the same time, other installation projects that had been put on hold during the pandemic will be resumed.

Instalco AB (publ), 559015-8944, holds its annual general meeting on Thursday 5 May 2022 at 17:00 CEST at Venue 81, Drottninggatan 81 in Stockholm. The entrance to the meeting will open at 16:30 CEST.

Instalco is acquiring the majority of Highcon AB and thereby strengthening its Industrial business area. The company offers leasing and installation of scaffolding structures for the industry.

The Instalco companies, Klimatrör, VVS-Kraft and Instair have been contracted for a joint assignment associated with the construction of one of Stockholm’s new landmarks, Forskaren. They will be responsible for installation of the heating & plumbing and ventilation systems, with an order value of approximately SEK 85 million.

Instalco will release its Interim report Q4 2021 on 17 February at 11:00 CET. Instalco will also be presenting the report in a phone conference with webcast at 14:00 on the same day.

Instalco is acquiring the electrical installation company, Kyrön Sähkö Oy. It is domiciled in Kyrö, which is near Åbo. The company has around 50 employees and its annual sales are approximately SEK 77 million.

As of 31 January 2022, the total number of shares and votes in Instalco AB (publ) amounts to 260,564,020 shares and votes.

Instalco AB (publ) has previously announced that the extraordinary general meeting on 13 January 2022 resolved on an increase of the number of shares in the company by dividing each share into five new shares (a so called share split) and to authorise the board of directors to determine the record date for the share split.

At an extraordinary general meeting in Instalco AB (publ) today on 13 January 2022, it was resolved on a share split and amendment of the articles of association.

Instalco acquires TC-Kraft AB and its subsidiary, Z-Signaler AB, both of which have their head office in Östersund. Their combined sales for the most recent financial year were SEK 50 million.

Instalco is acquiring Manglerud Rørleggerbedrift AS in Oslo and thereby growing its heating & plumbing operations in Norway. The company is specialized in pipe installations to and from buildings.

Pursuant to the Swedish Financial Instruments Trading Act (Sw. lagen (1991:980) om handel med finansiella instrument), Swedish companies whose shares are listed on a regulated market and who increases or reduces the total number of shares or votes in the company is to disclose such changes on the last trading day the same month