Instalco grows stronger in the industrial segments via the acquisition of Processus AB. Processus is an engineering firm specialised in project management, process design, automation and industrial IT.
The Instalco subsidiary, Calmarsunds VVS, has been engaged as general contractor for renovation of two floors of an apartment building at the housing complex, HSB Graniten in Kalmar. Another Instalco subsidiary, Elovent, is subcontractor for the project, where focus is on energy efficiency.
Instalco has signed an agreement to acquire Enter Ställningar AB, thereby strengthening and expanding its offering of scaffolding in the industrial segment. Enter Ställningar has a full service offering in construction and industrial scaffolding.
Instalco is strengthening its offering of electrical solutions in Oslo with the acquisition of Lysteknikk Elektroentreprenør AS. It is a full-range supplier of services in the electrical area, with specialist expertise in data centres and security.
Instalco will release its Interim report Q4 2022 on 16 February at 07:30 CET. Instalco will also be presenting the report in a phone conference with webcast at 09:30 on the same day.
The Instalco subsidiary, Pohjanmaan Talotekniikka Oy in Uleåborg, has signed an agreement for the technical installations in conjunction with SSAB expanding its facilities at Brahestad in North Ostrobothnia in Finland. The work will be done during 2023 and the order value is approximately SEK 50 million.
Instalco is acquiring Rörprodukter Montage Sverige AB. The acquisition enables Instalco to offer multi-disciplinary services for technical installations in Östersund.
Instalco is acquiring TelePatrol OY in Finland and thereby strengthening its position in the installation of fibre, data and networks. The company is located in Tuusula, just north of Helsinki. It has annual sales of approximately SEK 48 million and around 30 employees.
Two Instalco companies are collaborating on the development of a new trading area called Oslo Airport City at Gardermoen Airport in Oslo. Teknisk Ventilasjon will deliver the ventilation solution at a logistics centre that will be built and Andersen og Aksnes will deliver the heating & plumbing installations at a new warehouse for special logistics. The combined order value is approximately NOK 42 million.
Instalco continues its expansion in Norway through the acquisition of Bakke El-Installasjon AS. The company is based in Gjövik, Innlandet and operates within electrical installations, both for the private and public sectors.
Instalco continues to expand its operations targeted at the industrial sector Finland. This has occurred through the acquisition of Dymont Installation Oy in Kauhajoki, which is situated in the region of south Ostrobothnia. The company focuses on both industrial and mechanical & electrical (M&E) installations and service.
Instalco has established itself in the area of marine and ship electronics via the acquisition of the Norwegian company, IMES AS. The company is domiciled in Tromsö, with focus on service and installations for the marine sector and fishing industry.
Instalco will release its Interim report Q3 2022 on 9 November 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 companies, Henningsons El, Dalab and Intec have been jointly engaged for work associated with the renovation and expansion of the intensive care unit at Falu Hospital. The work includes design and installation, with a total order value of approximately SEK 140 million.
Instalco is acquiring two companies, URD Klima Oppdal AS and URD Klima Service Oppdal AS, thereby strengthening its presence in central Norway. Both companies work with ventilation, heating, and cooling systems.
The Instalco company, MRM Mining AB in Gällivare has been engaged by LKAB for construction of a new workshop building and new environmental station. The budget for the order is in the range of SEK 70 to 80 million.
The new credit facility agreement is with Danske Bank A/S, Skandinaviska Enskilda Banken AB and AB Svensk Exportkredit, for a total amount of SEK 3.4 billion. The new credit facilities strengthen Instalco’s position for pursuing additional acquisitions of profitable, leading companies.
The Instalco subsidiaries, Moi Rør and Ventec, have been jointly contracted for installations in conjunction with the construction of a new school, Wilds Minne Skole in Kristiansand, Norway. They will be responsible for technical installations, with an order value of approximately SEK 50 million.
Instalco will release its Interim report Q2 2022 on 25 August 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 Grevstad & Tvedt AS in Bergen, Norway, thereby becoming multi-disciplinary for technical installations in the region. The company has 70 employees and annual sales of around SEK 110 million.