News
Instalco acquires minority stake in German installation group Fabri AG
Instalco today announced that it has entered into an agreement to invest in the German installation group Fabri AG (“Fabri”). The investment is made in newly issued shares and represents a minority stake of 24 per cent of the voting rights and capita…
13/11/2024 Subsidiaries
Internal collaboration enabled Instalco to take on its largest project
In autumn 2018 Instalco signed contracts with NCC for the installation of electrical, heating and plumbing systems as part of the expansion of three hospitals in Södermanland. Now most of the work is complete in what is Instalco’s largest project to…
07/11/2024 Project
Instalco and Universeum extend collarboration
Instalco and Universeum extend their cooperation in the field of sustainability. Universeum, Sweden's national science centre in Gothenburg, aims to develop knowledge in the field of sustainability.
31/10/2024 Corporate
Focus on efficiency in a weak market
Comments on the second quarter 2024 from CEO Robin Boheman: The long-term rising need for qualified installation services remains. From a short-term perspective, Instalco continued to navigate a challenging market in the third quarter. This was parti…
25/10/2024 Capital market
Instalco wins installation contract for Region Västmanland’s new emergency hospital in Västerås
This is a joint assignment involving the Instalco subsidiaries Instair and Sprinkerbolaget, which will be responsible for installation of the ventilation and sprinkler systems in conjunction with construction of the new emergency hospital in Västerås…
09/10/2024 Project
Instalco wins a comprehensive assignment for installations at the new Gothenburg Central Station
Six Instalco companies have been contracted for project design and installations at the new Gothenburg Central Station. The client is Peab and the end customer is Jernhusen. The contract value is approximately SEK 100 million.
25/09/2024 Project
Former oil storage facility becomes energy store for district heating and electricity production
A cavern in Västerås that was previously used to stockpile oil is being converted into thermal storage for the production of district heating and electricity. With a volume of 300,000 cubic metres, the cavern will become one of the world’s largest ho…
11/09/2024 Subsidiaries
Focus on margin over volume
Comments on the second quarter 2024 from CEO Robin Boheman: Our decentralized model and the diversification of our offering that we have achieved in recent years makes us highly resilient in a challenging market and our revenue from service has conti…
22/08/2024 Capital market
Instalco acquires industrial installation company in Finland
Instalco has acquired IT-Line Service Oy, strengthening its industrial offering in Finland. The company, based in Salo near Turku, primarily serves customers in the mechanical industry.
20/08/2024 Subsidiaries
Installations halved energy consumption
Vehicle products retailer Biltema in Moss, Norway was facing a big challenge: how to reduce energy consumption in both its store and warehouse. Once Lillehammer-based Instalco company Haug og Ruud AS had replaced old technology with new, Biltema’s en…
15/08/2024 Subsidiaries
Instalco in carbon capture project
Instalco company Nordpipe Composite Engineering (NCE) of Jakobstad-Pietarsaari, Finland, specialises in production and installation of composite solutions for industry. In an ongoing project the company is delivering advanced systems for flue gas cl…
07/08/2024 Subsidiaries
Complex installations in battery development facilities
Instalco company Instamate AB has done extensive installations in connection with the construction of two battery development test facilities, which will primarily be used by the vehicle industry. Right from the time construction started in 2022, the…
02/08/2024 Subsidiaries
Reduced climate footprint in future-proofed facility
Now that Instalco company Bakke El-installasjon AS has installed solar panels as well as new heating, ventilation and lighting systems at the facility, energy consumption is down by 37 percent. The customer, Norengros Johs Olsen, is more than happy w…
24/07/2024 Subsidiaries
Instalco signs multi-year scaffolding contract
The Instalco company Enter Ställningar has entered into a multi-year agreement with Sysav (Sydskåne Waste Company) for ongoing scaffolding assembly. The contract, with an order value of approximately 130 million SEK, spans from autumn 2024 to 2032.
16/07/2024 Project
Meltwater from Årefjällen used for factory cooling
The cold Indalsälven river is constantly replenished with meltwater from the surrounding mountains. In a unique project, the water is being used for cooling at Nord-Lock’s factory in Mattmar, between Åre and Östersund. Instalco company RP Montage & E…
11/07/2024 Project
Bespoke software helps customers act more sustainably
Instalco’s technical consulting company Zenisk, a subsidiary of Intec, specialises in the niche area of lighting design. The company has developed a bespoke tool in the form of customised software to measure, understand and demonstrate the sustainabi…
04/07/2024 Subsidiaries
Keeping a customer for over 50 years
One of the things that sets Instalco companies apart is long customer relationships. Satisfied customers are repeat customers, and a high level of customer satisfaction generates growth and profitability. Instalco company Ventilationsförbättringar i…
27/06/2024 Subsidiaries
MR Rör is growing through a focus on proactive services
Instalco is essentially a company focused on technical installations. Over the years, service work has become increasingly important, accounting in total for 30 percent of sales in 2023. One Instalco company focused on service work is the heating, pl…
19/06/2024 Subsidiaries
Instalco wins assignment for installations at new Malmö landmark
Four Instalco companies have been contracted for a joint installation assignment at a new construction project of 160 apartments in Malmö. The combined order value for Instalco is around SEK 100 million.
12/06/2024 Project
Instalco starts new business area for automation
Instalco launches a new business area and technical discipline within building automation. The newly started company Inmatiq, specializing in automation solutions for real estate properties and industrial facilities, will be central to the strategic…
23/05/2024 Start up
Six Instalco companies collaborate on assignment for Stockholm Exergi
The Instalco company, EKTK AB has signed an agreement with Stockholm Exergi for electrical work that will be done at the Värtaverket power station in Stockholm. Five other Instalco companies will be assisting EKTK by participating in the assignment.
15/05/2024 Project
Danske Bank takes up coverage of Instalco
The Nordic investment bank Danske Bank has started financial analysis and coverage of Instalco and has released its first report. Previously, Instalco was covered by ABG, Carnegie, DNB, Kepler Cheuvreux, Nordea and SEB.
08/05/2024 Capital market
Stable development for continued longevity
Comments from CEO Robin Boheman on the Interim report January – March 2024: In light of the current market situation, I am proud of our stability and the results we report for sales, profitability and an EBITA margin that is on par with the first qua…
03/05/2024 Capital market
Instalco Annual Report 2023 published
The Board of Directors and CEO of Instalco hereby present the annual report and consolidated financial statements for the 2023 financial year.
21/03/2024 Capital market
Instalco acquires in Southern Norway
Instalco acquires Lund Elektro AS and thus becomes fully multidisciplinary in its offering in Kristiansand, Norway. Lund Elektro is a turnkey supplier of electrical installations in the Agder region, based in Kristiansand.
07/03/2024 Subsidiaries
Instalco's consulting operations are established in Finland
Instalco's technical consultancy, run by the subsidiary Intec, is now established with a first company in Finland. The establishment on the Finnish market begins in the Helsinki area.
01/03/2024 Start up
Instalco wins assignment associated with expansion of the Stockholm Metro
The Instalco company Ohmegi Elektro AB has won an assignment to install electricity and power for a new station that will be constructed as part of the Stockholm Metro. The contract is with NCC and Region Stockholm is the end customer. The order valu…
28/02/2024 Project
Ten years of decentralised success
CEO Robin Boheman comments on the Year-end report January – December 2023. It was on this very day, 15 February, ten years ago that Instalco was established via a merger and acquisition of our five first installation companies.
15/02/2024 Corporate
Instalco company in new scaffolding assignment
The Instalco company, Enter Ställningar, has been contracted by Borealis Sverige for ongoing scaffolding assembly at their facility in Stenungsund. The assignment covers the period 2024-2029.
12/02/2024 Project
Finnish sulfur depot gets a new modern form and purpose
The old sulfur depot K21 in Oulu, northern Finland, is being transformed into modern apartments and offices. The Instalco company Sähkö-Arktia Oy is responsible for the electrical installations in this unique project.
01/02/2024 Project
Instalco wins assignment with Veidekke and Oslobygg
The Instalco company, Romerike Elektro AS has entered into an agreement as general contractor for the electrical installations in conjunction with the construction of a new school in Oslo. The assignment is with Veidekke Entreprenør AS and Oslobygg K…
17/01/2024 Project
Instalco wins new assignment at office and logistics centre
The Instalco company, Insta El in Malmö has won an assignment for design and installation of the electricity solution at the construction of Axis Opera, a new office and logistics centre at Brunnshög in Lund. The agreement is worth approximately SEK…
14/12/2023 Project
Instalco signs new agreement for scaffolding
The Instalco company, Enter Ställningar AB, has signed a contract with Södra Cell for scaffolding at the Mörrum pulp mill, just outside of Karlshamn. The scaffolding will be set up so that Södra Cell is able to complete installations and service work…
28/11/2023 Project
Instalco launches new website
As part of Instalco's new brand strategy, the group is now opening a new web platform at instalco.se. The new platform aims to strengthen the communication with Instalco's main target audiences; customers, entrepreneurs, employees and investors.
27/11/2023
Instalco broadens industrial offering in Finland
Instalco acquires Sähkö-Äijät Teollisuus Oy and strengthens its industrial offering towards customers in Finland. The company, domiciled in the Jämsö-region in central Finland has sales of around EUR 2.1 million and 24 employees.
16/11/2023 Subsidiaries
Instalco company wins assignment at the new National Archives building
The Instalco company, Kempes El, has been contracted for electrical installations in conjunction with construction of the new National Archives building in Härnösand. The client is Peab, which has been hired by Specialfastigheter for construction of…
14/11/2023 Project
Instalco wins assignment at hotel renovation
The Instalco companies, Rörgruppen AB and Ohmegi Elektro AB, have won a joint assignment for installation of the heating/plumbing and electrical installations associated with major renovation work at Scandic Ariadne Hotel, which is located near the V…
12/10/2023
Instalco strengthens its industrial offering
Instalco acquires Boas Industriservice AB and complements the offering of its industrial companies. The company, domiciled in Södertälje, has sales of around SEK 73 million and 50 employees.
09/10/2023
Instalco signs joint project for Region Västmanlands’ new emergency hospital in Västerås
Three Instalco companies have been awarded a joint assignment regarding project design for Västerås’ new emergency hospital.
05/10/2023
HJ:s El & Maskinservice becomes part of the Instalco company Bogesunds El & Tele
The Instalco company Bogesunds El & Tele in Ulricehamn broadens its offering through the acquisition of the business in HJ:s El & Maskinservice and thereby strengthens its position in Borås and the surrounding area.
28/09/2023
Instalco wins assignment at Construction City in Oslo
The Instalco company, Lysteknikk Elektroentreprenør AS, has won an assignment for project design and installation of the electrical solution for Construction City, a new office building that will be constructed in Oslo.
14/09/2023
Instalco acquires and expands in southern Norway
Instalco acquires URD Klima Sandnes AS and thereby establishes a presence in Stavanger and strengthens its offering in southern Norway. The company, domiciled in Sandnes, has sales of around SEK 85 million and 25 employees.
11/09/2023
Instalco wins assignment with Stockholm Exergi
The Instalco companies, EKTK and App Start-Up have signed agreements with Stockholm Exergi for work that will be done at the Högdalenverket power station in Stockholm. It involves both electrical and control systems, with a total order value of appro…
07/09/2023
High demand for efficient energy solutions
The Finnish government is investing in energy-efficient solutions in conjunction with new property construction. Instalco’s Finnish subsidiary, LVI-Urakointi Paavola is one of the first companies involved in that effort, at a major apartment buildi…
05/09/2023
Three Instalco companies in Finland collaborate on construction of new school
The Instalco companies, Uudenmaan LVI-Talo, Twinputki and Milvent have been jointly engaged for installations at a new school that will be built in Helsinki, Böle School. The partners and clients involved in the project are Jatke Toimitilat construct…
31/08/2023
Robin Boheman comments on Q2 in Penser Studio
How was Instalco able to grow 5.5% organically despite a challenging market, with maintained margins? What is the current status of the M&A pipeline and financing situation? Instalco’s CEO Robin Boheman visits Penser Studio after the report for the s…
25/08/2023
Instalco wins assignment from Svensk Kärnbränslehantering
The Instalco company, Avent AB, has won an assignment from Svensk Kärnbränslehantering AB (SKB) for the installation of ventilation systems at Clab – the Central Interim Storage Facility for Spent Nuclear Fuel. The assignment has an order value of a…
24/08/2023
Interim report January – June 2023
Comments from CEO Robin Boheman: Sales for the second quarter were SEK 3,832 (3,102) million, which corresponds to a growth rate of 23.5 percent. EBITA for the quarter was SEK 296 (250) million, corresponding to an EBITA margin of 7.7 (8.1) percen…
22/08/2023
Norway's first Sustainable Instalco Project
When Kristiansand Municipality decided to invest in a new school centre, with three schools situated in the same area, it contracted Moi Rör for the heating & plumbing work. The project, Tangvall School Centre, became Norway's first Sustainable Insta…
17/08/2023
Two Instalco companies in renovation assignment in Östersund
The Instalco companies, RP Montage & Energipartner and TC Kraft have won a joint assignment for installation of the heating & plumbing and electrical installations associated with major renovation work for around 200 apartments in Östersund. They hav…
15/08/2023
Solutions that save energy for brewery giant
The Instalco company, Kompressorteknik has been engaged for energy efficiency work at Spendrup’s brewery in Grängesberg. Through innovative product solutions, Kompressorteknik has captured savings for Spendrups. Not only have the energy costs decreas…
09/08/2023
Long-term customer relations resulted in an assignment focusing on sustainability at all levels
When Casall, a company that offers workout clothing, decided to build a new head office in Norrköping, the Instalco company, Rörmokaren, was contracted for all of the heating & plumbing installations. There has been a clear environmental focus throug…
01/08/2023
Intec designs for future schools
The Instalco company Intec is engaged as coordinator for a major project stretching over ten years, which also got underway during the year. The work pertains to renovation and new construction of three schools. The client is Gagnef Municipality and…
27/07/2023
More and more installations of charging boxes
The Instalco company, Nihlén Elmontage installed 100 charging boxes as part of a project for Kaptenens Samfällighetsförening in Gothenburg. Nihlén is one of several Instalco companies that is growing in this area, installing an ever-increasing number…
19/07/2023
Specialists in solar energy and energy storage
The Instalco company, Vallacom in Linköping, is a pioneer in solar cells and electric car charging. It also has specialist expertise in energy storage, lighting and control systems. Vallacom is able to use its cumulative knowledge to offer optimal so…
11/07/2023
Solar cells on the school roof an obvious choice
The Instalco company, Elinstallationer in Karlshamn was a key player in the construction of Mörrum’s new school. In this partnering project, the company, with its vast experience, was responsible for both the design and installation of all the electr…
07/07/2023
Two Instalco companies in collaboration for a new assignment in Ilmala, Helsinki
Two Finnish Instalco companies are involved in the construction of an innovative office building in Helsinki. Uudenmaan Lvi-Talo and Milvent have been commissioned to install piping, heating, cooling and ventilation in Ilmalan Aura in close collabora…
29/06/2023
Intec grows through acquisition of the lighting design company Zenisk AS
Instalco's technology consultant Intec acquires Norwegian Zenisk AS – an award-winning lighting design office. The acquisition is a strategic complement to Intec and forms the basis of their offer in lighting design. It also means that Intec now grow…
21/06/2023
Apartment project with focus on low energy consumption
The Instalco company, Tofta Plåt och Ventilation, has worked with the apartment project, Nya Kvibergshuset, which earlier this year was nominated for the Årets Bygge Award (Construction of the Year). Low energy consumption was a clear focus throughou…
15/06/2023
Instalco companies sign framework agreement with JM
PoB:s Elektriska and El-Pågarna have, jointly, signed a new 3-year framework agreement with housing developer JM for electrical installations in conjunction with future construction projects.
08/06/2023
Milvent Oy, a new Instalco company in Helsinki
Instalco has set up a new installation company, Milvent Oy, in Finland. It is a spinoff of the Instalco company, Pohjanmaan Talotekniikka and its prior Helsinki branch office, Pohjanmaan Talotekniikka Etelä Oy.
01/06/2023
Instalco will collaborate on construction of a school in Bergen
The Instalco companies, FN Elektro & Ventilasjon and Grevstad & Tvedt VVS are collaborating on an assignment to renovate and expand Askøy High School, which is located in northern Bergen. They will be responsible for the design and installation of th…
24/05/2023
Instalco grows in Umeå
Instalco is expanding its offering in Västerbotten and the area around Umeå via the acquisition of Elektro Västerbotten AB. Its expertise in electrical installations complements Instalco's other subsidiaries, Rikelektro and Norrtech in the area.
17/05/2023
Resolutions at the AGM in Instalco 2023
At the annual general meeting in Instalco on 5 May 2023, it was resolved on, among other things, a dividend of SEK 0.66 per share, re-election of all members of the board of directors and election of Ulf Wretskog as a new member of the board of direc…
08/05/2023
Interim report January – March 2023
Comments from CEO Robin Boheman: Sales in the first quarter were SEK 3,264 (2,583) million, which corresponds to a growth rate of 26.4 percent. EBITA for the quarter was SEK 233 (173) million, which corresponds to an EBITA margin of 7.1 (6.7) perc…
04/05/2023
Instalco wins a comprehensive assignment at the new Gällivare riding facility
The Instalco company, MRM Mining AB has been engaged by Gällivare Municipality for construction of the municipality’s new riding center. Another Instalco company, EPS Sweden, is a subcontractor for the project, which has a total order value of approx…
26/04/2023
Acquisition of Enter Ställningar completed
Instalco's acquisition of Enter Ställningar AB has now been completed after having been approved by the Swedish Competition Authority. With this acquisition, Instalco adds approximately SEK 970 million in sales during the first quarter.
06/04/2023Instalco company, Moi Rør makes acquisition of heating, plumbing and ventilation company
Moi Rør in Kristiansand, an Instalco subsidiary in Norway, is expanding its offering by acquiring Halvard Thorsen AS. The acquisition strengthens Moi Rør’s position in Kristiansand and the southern region of Norway.
30/03/2023
Instalco company, Moi Rør makes acquisition of heating, plumbing and ventilation company
Moi Rør in Kristiansand, an Instalco subsidiary in Norway, is expanding its offering by acquiring Halvard Thorsen AS. The acquisition strengthens Moi Rør’s position in Kristiansand and the southern region of Norway.
30/03/2023
Instalco grows stronger in Norrbotten
Instalco is acquiring SMT Norrbotten AB and thus strengthening its offering in the industrial area. The company offers manufacture and repair of steel structures, assembly and industrial service. SMT has 17 employees and annual sales of approximately…
29/03/2023
Instalco Annual Report 2022 published
The Board of Directors and CEO of Instalco hereby present the annual report and consolidated financial statements for the 2022 financial year.
24/03/2023
Instalco acquires Processus
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.
23/03/2023
Instalco wins new assignment in Kalmar
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 proj…
21/03/2023
Instalco is expanding its offering in scaffolding
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.
01/03/2023
Year-end report 2022
Comments from CEO Robin Boheman: Net sales increased during the quarter by 35.6 percent to SEK 3,590 million, with organic growth of 10.7 percent. EBITA increased during the quarter and amounted to SEK 292 million, which corresponds to an EBITA ma…
16/02/2023
Acquisition of Lysteknikk Elektroentreprenør
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.
10/02/2023
Instalco sets its sights on 2027
Instalco is setting its sights on the future with the launch today of its new vision. At the same time, Instalco is taking this opportunity to adapt its leadership organisation so that it is able to work in the most optimal way towards achieving the…
09/02/2023
Instalco company wins assignment for the the expansion of SSAB's facility at Brahestad
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 20…
26/01/2023
Instalco becomes multi-disciplinary in Östersund
Instalco is acquiring Rörprodukter Montage Sverige AB. The acquisition enables Instalco to offer multi-disciplinary services for technical installations in Östersund.
24/01/2023
Instalco strengthens its position in fibre installation
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…
20/01/2023
Instalco wins assignment at the new Oslo Airport City
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…
08/12/2022
Instalco becomes multidisciplinary in the Inland region
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.
08/12/2022
Instalco expands the Industrial area of the business in Finland
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 bot…
18/11/2022
Instalco establishes itself in marine electronics
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.
15/11/2022
Interim report January – September 2022
Comments from CEO Robin Boheman: Net sales increased by 40.2 percent during the quarter to SEK 2,788 million, with organic growth of 7.8 percent. Our growth is driven by the dedicated entrepreneurship that goes on in our subsidiaries and our high ra…
10/11/2022
Instalco CEO Robin Boheman interviewed in Penser Play
Instalco's CEO Robin Boheman is a guest in Penser Play. Here he is interviewed by equity analyst Marcus Almerud at Erik Penser Bank.
13/10/2022
Instalco wins contract to participate in the expansion of Falu Hospital
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 o…
06/10/2022
Robin Boheman sums up his first year as CEO
One year ago, Robin Boheman took over as the CEO of Instalco. Now, twelve months later, the company has 23 new subsidiaries and nearly SEK 2 billion more in sales. Coping with the pandemic and macroeconomic uncertainties have become part of the daily…
26/09/2022
Instalco strengthens its presence in central Norway
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.
14/09/2022
Instalco company engaged in new assignment for LKAB
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.
09/09/2022
Instalco has entered into a new credit agreement totalling SEK 3.4 billion to support future acquisitions
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 acquisitio…
07/09/2022
Instalco wins new assignment at school in Kristiansand
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…
01/09/2022
Interim report January – June 2022
Comments from CEO Robin Boheman: Net sales for the quarter increased by 34.2 percent, driven by stable organic growth and prior high-quality acquisitions. Profitability also improved compared to the first quarter and the EBITA margin increased to 8.…
25/08/2022
Female construction team creates carbon neutral building
An all-female construction team is building a carbon-neutral building called VillaZero in Borlänge. The Instalco subsidiaries, Intec and VVS Installatör are involved in the project, where Emma Korsgren and Therese Strand are responsible for the heati…
23/08/2022
Ventilation job became the way into society for Abd
Abd Alrahman Qbiaa moved to Sweden with his family to escape the turmoil in Syria. He found his way into the Swedish society through is job at Milen Ventilation in Gävle. “Abd is a great guy and very skilled ventilation assembler”, says Niklas Ulin,…
19/08/2022
Instalco grows the business in Bergen, Norway
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.
10/08/2022
Moisture in the air becomes drinking water
The Uppsala company, Drupps, has collaborated with the Instalco company, Teampipe, to develop a system that collects moisture from the air and turns it into drinking water. Two micro-purification factories designed for this purpose have been sent to…
05/08/2022
Collaboration is the key to success
When the Instalco company, Haug og Ruud VVS finished its work on the construction of Lillehammar’s new fire station, here’s what they had to say: “Collaboration was the key to the project’s success”.
28/07/2022
Huge recycling of electronics has been made possible by the installations
At Boliden’s smelting plant in Ronnskär, you can find one of the world’s largest recycling stations for electronics. The Instalco company, HP Welding has been contracted for manufacturing and installing a hood for the boiler of the furnace.
22/07/2022
ULT has full focus on service
The majority of Instalco’s services is technical installations of electrical, heating & plumbing and ventilation systems, run in the form of projects. A smaller portion is service and the Instalco company, Uudenmaan Lämpötekniikka (ULT) is a good exa…
15/07/2022
Acquisition of Grums Rör
Instalco is acquiring Grums Rör AB, a company that offers installation and service of heating, plumbing and ventilation systems. With this acquisition, Instalco also expands to a new geographic area in Värmland.
08/07/2022
Optimization at gasification plant
Höganäs is one of the world’s largest producers of metal powder used in vehicle components, among other things. The Instalco Company, App Start-Up, has been involved in efforts to optimize operations at a gasification plant that produces pure energy…
05/07/2022
Instalco now represented in Örnsköldsvik
Instalco is strengthening its position along the northern coast of Sweden via the acquisition of a group of companies consisting of Inlands Luft AB, Keyvent AB and Melins Plåtslageri AB. They serve customers in and around Örnsköldsvik, primarily in t…
01/07/2022
Lower energy consumption after switching to LED lighting
In 2021, Rikelektro installed new LED lighting at more than 50 Systembolaget stores. This Sustainable Instalco Project has helped significantly lower the energy consumption.
23/06/2022
Instalco gains new ground in Finland
Instalco is expanding its geographic presence by acquiring a company in Kuopio, situated in south-central Finland. The company that Instalco will acquire, Kuopion LVI-Talo Oy, offers heating, plumbing and air conditioning solutions.
14/06/2022
Christiania Rørleggerbedrift joins Instalco
Instalco is strengthening its heating & plumbing offering in the Oslo region via the acquisition of Christiania Rørleggerbedrift AS, a group of five companies specialised heating & plumbing. The Group’s combined annual sales are approximately SEK 14…
10/06/2022
Instalco Sustainability Report 2021
Each day, throughout the Nordic region, we design and install electrical, heating & plumbing, ventilation and cooling solutions at properties and plants. Our climate-smart installations lower energy and resource consumption to help future-proof socie…
25/05/2022
Instalco is embarking on a sustainability collaboration with Universeum
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 sustainabi…
19/05/2022
Instalco wins assignment from University of Gothenburg
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 installat…
10/05/2022
Resolutions at the annual general meeting in Instalco
At the annual general meeting in Instalco 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-e…
06/05/2022
Interim report January – March 2022
Comments from CEO Robin Boheman: As is the case for most industries, the construction and installation sector is affected by the global uncertainty. Prices for transports and materials continue to rise, there are persistent disruptions in logistic…
05/05/2022
Acquisition of Liab Instrumenteringar
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.
04/05/2022
Instalco wins assignment at Västervik Hospital
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…
28/04/2022
New contract at Linköping University Hospital
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 cal…
21/04/2022
The acquisition of Highcon completed
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 fo…
08/04/2022
Instalco signs new order in the cruise sector
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 pa…
05/04/2022
Instalco Annual Report 2021 published
The Board of Directors and CEO of Instalco AB, CIN 559015-8944, hereby present the annual report and consolidated financial statements for the 2021 financial year.
30/03/2022
Instalco acquires Highcon AB
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.
14/03/2022
Instalco wins assignment for installations at new Stockholm landmark
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…
24/02/2022
Year-end report 2021
Comments from CEO Robin Boheman: Sales for the fourth quarter were SEK 2,648 (2,078) million, which corresponds to a growth rate of 27.5 percent. EBITA for the quarter was SEK 227 (190) million, which corresponds to an adjusted EBITA margin of 8.6 (9…
17/02/2022
Instalco grows in Finland (2)
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.
03/02/2022
Acquisition of TC-Kraft and Z-Signaler
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.
13/01/2022
Instalco expands its heating & plumbing business in Norway
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.
03/01/2022
Instalco acquires prestigious Lidingö Elektriska
Instalco is growing its electrical business area in Stockholm via the acquisition of Lidingö Elektriska AB, which was founded in 1933. The new addition strengthens the service offering to the Stockholm area.
17/12/2021
Five Instalco companies collaborate on assignment for Peab
Five Instalco companies have been contracted by Peab for a joint assignment. It involves design and installation of the electrical, heating & plumbing, ventilation and sprinkler systems for one of the buildings in the property called Entré in Malmö.…
16/12/2021
Instalco grows in Finland (1)
Instalco is acquiring Nordpipe Composite Engineering Oy (NCE) in Finland and thereby strengthening its offering in the Industrial business area. The company offers production and installation of composite solutions to industry.
07/12/2021
Instalco expands it offering to the mining industry
Instalco is expanding its offering in the Industrial area via the acquisition of MRM Mining AB and EPS Sweden AB in Gällivare. MRM Mining AB offers services to the mining industry and EPS Sweden AB offers technical maintenance work in the Arctic regi…
18/11/2021
Interim report Juli - September 2021
Comments from CEO Robin Boheman: During the third quarter, we were still affected by the circumstances of the pandemic, particularly in Norway and Finland. As was the case earlier during the pandemic, we noticed a continued sluggishness with newly s…
09/11/2021
Instalco surpasses the milestone of 100 subsidiaries
Instalco is acquiring Kompressorteknik ML AB and thereby expanding its Industrial business area. The acquisition also means that the Instalco Group has surpassed the milestone of 100 subsidiaries.
27/10/2021
Instalco acquires the Blomquist Group
Instalco is acquiring the Blomquist Group in Bollnäs, Sweden. It has annual sales of approximately SEK 160 million. The Blomquist Group has 80 employees providing services primarily in the areas of heating, cooling and ventilation. Most of its custom…
22/10/2021
Instalco has been contracted for work at new electromobility test center
The Instalco companies, Elektro-Centralen and Tingstad Rörinstallationer have won a joint assignment for the electrical and heating & plumbing installations in conjunction with the construction of Sweden’s new electromobility test center in Gothenbur…
18/10/2021
Christina Kassberg appointed new CFO for Instalco
Christina Kassberg has been appointed the new CFO for Instalco and she will take over that role on 1 November 2021. She has a background in listed companies pursuing a high level of acquisition and most recently she worked at Climeon, also in the rol…
01/10/2021
Instalco expands in Oslo
Instalco is acquiring Total VVS AS in Oslo and thereby growing the business in the area of heating & plumbing in Norway. The company’s sales for the financial year were approximately SEK 114 million.
23/09/2021
Instalco acquires Sydsvenska Elanläggningar
Instalco is acquiring Sydsvenska Elanläggningar SSE AB and thereby growing in the area of electrical power. The company has its head office in Blomstermåla, which is in the region of Småland, Sweden and it has annual sales of approximately SEK 100 mi…
16/09/2021
Instalco collaborates with Wayout on water purification in vulnerable areas
Instalco and Wayout International will begin collaborating on a project to increase access to clean water in vulnerable areas of the world. Swedish Wayout is developing microfactories for local water purification that can then be used as drinking wa…
14/09/2021
Instalco is growing in the service area
Instalco is acquiring Installationsservice Nicklas Eriksson AB, and thereby growing in the service area. With its head office in Eskilstuna, it is a contractor and service company for technical installations at properties.
09/09/2021
Instalco acquires PeMi Ventilation & Montage
Instalco is growing in the area of ventilation solutions with the acquisition of PeMi Ventilation & Montage AB. The company is domiciled in Orsa and it offers ventilation services to industries, construction companies and private individuals.
08/09/2021
Robin Boheman takes over as CEO: “It will be business as usual”
As of today, 1 September, Robin Boheman takes over as the new CEO for Instalco. Per Sjöstrand, the previous CEO and founder of Instalco, will be taking on the role of Chairman of the Board for the company, also effective as of 1 September.
01/09/2021
Per Sjöstrand in depth about Instalco - guest at Global Value Creators
Per Sjöstrand CEO of Instalco is the guest in the latest episode of the Global Value Creators podcast. Here, Per tells in depth about his background, career and the journey with Instalco.
27/08/2021
Interim report April - June 2021
Comments from CEO Per Sjöstrand: Instalco has continued delivering high profitability and robust growth for the first half of the year. This, despite the fact that Instalco and the construction & installation sector as a whole is now more intensely…
25/08/2021
Instalco acquires energy consulting company
Instalco has acquired App Start-Up AB and with that, the company expands its business in the energy sector. App Start-Up is a consulting company focused on the energy sector, specialized in project management and the commissioning of energy plants.
24/08/2021
Careful renovation for a sustainable theatre future
Stora Teatern in Linköping first opened its doors to theatre lovers in 1903 as one of the first electrified buildings in the city. Now, 120 years later, it is undergoing a careful, total renovation. The Instalco company, Vallacom, has replaced the en…
18/08/2021
Successful renovation thanks to early involvement
With the expansion of the historic property, Åkerblad Gästgiveri in Tällberg, careful renovation and installations were required to preserve the unique environment. The key to success was for Instalco’s technical consultants at Intec to get involved…
11/08/2021
Intelligent control systems save energy in apartments
VIP Sähkö, an Instalco subsidiary in Finland, is specialised in the design and installation of electrical solutions for newly constructed apartment buildings. One of the most recent sustainable projects for VIP Sähkö was our installation of a KNX sys…
06/08/2021
Renovation and integration go hand-in-hand
Renovation of one of the Million Homes housing projects, Vivalla in Orebro, has offered unemployed residents six-month apprenticeships in construction and installation. The Instalco subsidiary, LG Contracting has been contracted for the pipe installa…
28/07/2021
Ballast Water Treatment Systems lowers the burden on ecosystems
Ship transports account for more than 90 percent of the world's freight and they consume up to five billion tons of ballast water each year to stabilise ships. But, if the pumped-in water comes from one part of the world and is pumped out in another,…
16/07/2021
First of its kind in the world
In 2021, Hurum Helsehus near Drammen (west of Oslo) will be completed. It will become Norway's, and probably the world's, first energy-plus building retirement home, producing more energy than it consumes. The Instalco subsidiary, AS Elektrisk, has b…
08/07/2021
Instalco acquires Forsséns Elektriska
Instalco will acquire Forsséns Elektriska AB in Södertälje, thereby growing the business in the area of control technology and automatics. The company specialises in automation installations in sensitive environments like hospitals and pharmaceutical…
05/07/2021
Instalco expands in the Oslo area
Instalco is acquiring Klimateknikk Oslo AS and thereby growing its ventilation business in Norway. For the 2020 financial year, sales were approximately SEK 40 million.
02/07/2021
Instalco wins contract to participate in the expansion of Stockholm metro
The Instalco companies, Rörgruppen and Ohmegi, have been contracted by NCC and Region Stockholm to participate in expansion of the Högdalen metro depot, located in southern Stockholm. The work involves design and installation of both the electrical a…
30/06/2021
Rörläggaren carried out the first Sustainable Instalco Project
When Instalco launched its new Sustainability Programme and Sustainable Instalco Project certification system 2020, the subsidiary Rörläggaren in Malmö wasted no time in getting involved. The very first project to be classified as a Sustainable Insta…
24/06/2021
Instalco establishes the business in the area of street lighting
Instalco is acquiring Nihlén Elmontage AB in Gothenburg, thereby establishing the business in the area of installation of street lighting. The company’s sales for the financial year were approximately SEK 83 million.
17/06/2021
Business area Techical consulting continues its journey of growth
Instalco’s subsidiary for technical consulting, Intec, continues to grow both organically and through acquisitions. Intec now has signed agreements with around 200 technical consultants and is represented at 16 locations in Sweden. Intec is now acqui…
14/06/2021
Instalco acquires two sister companies in Karlskoga
Instalco is acquiring KaVP Vent & Plåt AB and Karlskoga Tak AB with the intention of merging them into Instalco’s subsidiary, VentPartner Sverige AB. The acquisition both expands and strengthens Instalco’s position in Örebro County.
10/06/2021
Instalco now established in Blekinge
Instalco is now represented in Blekinge, following the acquisition of the two sister companies, Elinstallationer i Karlshamn AB and Lampans Elinstallationer AB in Karlskrona. Their combined annual sales are approximately SEK 95 million.
26/05/2021
Instalco continues to grow in Östergötland (1)
Instalco is acquiring Rörmokaren AB in Norrköping and thereby continuing its expansion in Östergötland, Sweden. Rörmokaren has a strong service offering, which is in line with Instalco’s strategy to grow that part of the business.
12/05/2021
Interim report January - March 2021
Comments from CEO Per Sjöstrand: Sales in the first quarter were SEK 1,942 (1,676) million, which corresponds to a growth rate of 15.9 percent. Adjusted EBITA for the first quarter was SEK 154 (131) million, which corresponds to an adjusted EBITA ma…
06/05/2021
Gustaf Larsson Ernefelt appointed Head of M&A at Instalco
Instalco’s Business Developer, Gustaf Larsson Ernefelt will take on a new role as Head of M&A, responsible for the Group’s company acquisitions.
30/04/2021
Instalco continues to grow in Kalmar
Instalco acquires Calmarsunds VVS AB. With this acquisition, Instalco will become multidisciplinary in Kalmar, with the ability to offer a full range of electrical, heating & plumbing and ventilation services in the region.
27/04/2021
Robin Boheman new CEO of Instalco
Robin Boheman, CFO of Instalco, has been appointed new CEO of the company. Robin will assume the position on 1 September 2021.
22/04/2021
Ohmegi contracted for the electrical installations at new logistics centre
The Instalco subsidiary, Ohmegi, has been contracted for the design and installation of the electrical solutions in conjunction with the construction of a new, automated logistics centre at Rosersberg, north of Stockholm. The size of the building wil…
14/04/2021
Instalco Sustainability Report
Each day, throughout the Nordic region, we design and install electrical, heating & plumbing, ventilation and cooling solutions at properties and plants. Our climate-smart installations lower energy and resource consumption to help future-proof socie…
13/04/2021
Instalco Annual Report 2020 published
The Board of Directors and CEO of Instalco AB, CIN 559015-8944, hereby present the annual report and consolidated financial statements for the 2020 financial year.
30/03/2021
Four Instalco companies collaborate on assignment for Peab
Four Instalco companies have been contracted by Peab Sverige AB for a joint assignment in Malmö. The work involves design and installation of the electrical, heating & plumbing, ventilation and sprinkler systems in conjunction with construction of Oa…
25/03/2021
Instalco and the Swedish Society for Nature Conservation collaborate for cleaner water
Instalco and the Swedish Society for Nature Conservation have joined forces to collaborate on an initiative to lower the presence of pharmaceuticals in water. It will enable the Swedish Society for Nature Conservation to intensify its efforts aimed a…
16/03/2021
Instalco continues its expansion along the northern coast of Sweden
Instalco is acquiring Kempes El AB in Kramfors and thereby continuing its expansion along the northern coast of Sweden. The company was established in 1931 and its annual sales are approximately SEK 85 million.
25/02/2021
Instalco adds to its ventilation expertise in Stockholm (1)
Instalco is acquiring Stockholm Luftkompetens AB, thereby adding to its ventilation expertise that serves the Stockholm region. The company's main focus is installation and production of ventilation systems for property owners and companies.
23/02/2021
Year-end report 2020
Comments from CEO Per Sjöstrand: I’m very proud to report that we ended 2020 on a strong note, with a continued trend of stability with high profitability and strong cash flow during the fourth quarter as well. Sales in the quarter were SEK 2,078 (1…
18/02/2021
Two Finnish Instalco companies in joint environmental project
LVI-Urakointi Paavola delivers HVAC-solutions to Finnish environmental management company Remeo’s new waste management center in Vantaa. Another Instalco-company, Sähkö-Buumi, is responsible for the electrical installations. The construction work has…
09/02/2021
Instalco is growing in the area of security and alarm systems
Instalco is growing in the area of security and alarm systems with the acquisition of Lincom AB. The company, which is domiciled in Norrköping, is specialised in communication solutions for telephony, security, and data.
15/01/2021
Instalco sets up new business area in Technical Consulting
Instalco is now formally setting up its new business area, Technical Consulting. The Instalco subsidiary, Intec, will be a key part of this and Anders Lundin joins Instalco’s team of senior executives in the role of Business Area Manager for Technica…
17/12/2020
Instalco expands into northern Norway
Instalco expands into northern Norway through the acquisition of JB Elektro As in Tromsö. The acquisition is a first step towards a future larger establishment in northern Norway.
16/12/2020
Instalco grows in the area of electrical installations for industry
Instalco continues to grow in the industrial sector with the acquisition of Selek Elentreprenad AB. The company is domiciled in Avesta and it specialises in electric power installations.
14/12/2020
Acquisition in Norway increases Instalco's market share in service
Instalco is growing its heating & plumbing operations in Norway with the acquisition of Metro Rørleggerservice AS. The company is located in Baerum, a municipality in the Greater Oslo Region of Norway. It has annual sales of approximately SEK 65 mill…
11/12/2020
Instalco takes new steps into the industrial sector
Instalco is continuing to increase its presence in the industrial sector with the acquisition of High Pressure Welding Sweden AB. The company, domiciled in Sundsvall, is specialized in heavy industry installations and with this acquisition, Instalco…
26/11/2020
Instalco wins new assignment from Veidekke in Norway
The Instalco company, Romerike Elektro AS, has signed a new contract with Veidekke Entreprenør AS. The order value is SEK 42 million and it pertains to electrical installations at the new apartment complex, Løren Botaniske, in Oslo.
24/11/2020
Interim report January - September 2020
Comments from CEO Per Sjöstrand: For the third quarter, Instalco is yet again reporting high sales growth with good profitability, despite the ongoing pandemic that is affecting all of us in one way or another. Sales in the quarter were SEK 1,643 (1…
09/11/2020
Two Instalco companies win contract for joint project in Helsinki
The Instalco companies, LVI-Urakointi Paavola and Twinputki in Finland have won a contract to collaborate on the heating & plumbing and sprinkler systems in conjunction with the expansion of a shopping centre in Helsinki.
20/10/2020
Instalco acquires MESAB
Instalco is strengthening and expanding its operations in the business area industry via the acquisition of MESAB (Marine Environmental Solution AB), a company working with installations for the marine industry (shipping and shipbuilding).
17/10/2020
Instalco wins contract on the construction of cycling velodrome in Norway
Instalco’s Norwegian subsidiary, Vito Teknisk Entreprenör AS, has been engaged for the heating and plumbing work associated with construction of a new velodrome and cycling centre in Asker, near Oslo. The client is Veidekke Entreprenør and the order…
14/10/2020
Instalco wins contract to deliver electric power system to Mora Hospital
The Instalco company, EKTK, has won a contract for installation of the electric power system in conjunction with the expansion of Mora Hospital. The work will be carried out as part of a collaboration project and the total order value is approximatel…
08/10/2020
Instalco acquires MR Rör
Instalco continues to grow within heating and plumbing in Stockholm through the acquisition of MR Rör i Storstockholm AB. The company’s main focus is to work with municipalities and municipal property companies in framework agreements.
09/09/2020
Heating and cooling via ventilation system
Ranheimsveien 9 is one of Trondheim’s most modern and sustainable new office buildings. With its gleaming black aluminium and glass facade, this five story office building is impressively situated at the eastern entrance to Trondheim. At this propert…
03/09/2020
Instalco acquires Tornby El
Instalco has acquired Tornby El AB in Linköping, with the intention of merging it with another Instalco subsidiary, APC Elinstallatören AB. The acquisition strengthens Instalco’s position in the Linköping area even further.
24/08/2020
Instalco continues to grow in Östergötland
Instalco continues to grow in Östergötland with the acquisition of Boman El & Larmtjänst AB in Norrköping, which specialises in electrical installations and security systems.
21/08/2020
Interim report January – June 2020
Comments from CEO Per Sjöstrand: Instalco had a strong second quarter for the 2020 financial year, despite the ongoing Corona pandemic. Sales in the second quarter were SEK 1,725 (1,406) million, which corresponds to a growth rate of 22.7 percent,…
19/08/2020
Systems for energy optimisation in residential buildings
A large portion of society’s total energy consumption comes from buildings. Instalco’s subsidiary, Automationsbolaget, is working in collaboration with Salabostäder to develop a system for energy optimisation at properties.
12/08/2020
Collaboration for innovation and sustainable construction
Reducing the carbon footprint has been one of the overall goals during construction of A Working Lab. During the project planning and construction process, partnering has been a successful form of collaboration where the Instalco Company, LG Contract…
05/08/2020
Energy-saving geothermal heating, in the heart of the city
A geothermal heating solution has been installed right in the heart of Stockholm, on Kungsgatan, at the block of buildings knows as “Kåkenhusen”. The Instalco company, VVS Kraft participated in installation of the solution on behalf of the property o…
28/07/2020
New ventilation system cut energy consumption in half
After the Instalco company, Aircano, replaced the ventilation systems at two properties in Hagsätra, Stockholm, energy consumption was cut in half.
22/07/2020
Instalco expands its heating & plumbing operations in Finland
Instalco has acquired Uudenmaan Lämpötekniikka Oy (ULT) in Helsinki, thereby expanding its heating & plumbing operations in Finland.
13/07/2020
Instalco now established in Norrköping
Instalco has acquired FTX Teknik & Service AB and is thereby now established in Norrköping. FTX provides installation and service of ventilation, heating & cooling systems.
08/07/2020
Instalco acquires VentPartner
Instalco expands its ventilation operations with the acquisition of VentPartner i Sverige AB. The company has annual sales of approximately SEK 250 million with offices in Linköping, Norrköping, Katrineholm and Västerås. Its head office is situated i…
02/07/2020
LG Contracting installs unique geothermal heating system at Upplands-Bro
The Instalco subsidiary, LG Contracting, has won a contract for the heating & plumbing installations at an apartment building with 650 units that is under construction in a new city district of Upplands-Bro. The assignment also encompasses system des…
30/06/2020
Instalco grows in northern Finland
Instalco has expanded its geographic scope in the nothernmost region of Finland with the acquisition Sähkö-Arktia Oy in Uleåborg. It specializes in electrical installations. With the acquisition, Instalco has succeeded in becoming multidisciplinary i…
09/06/2020
Instalco now established in Sundsvall
Instalco is increasing its geographic coverage with the acquisition of Miljöventilation i Mellannorrland AB in Sundsvall. It brings Instalco one step closer to being able to serve the entire region along the northernmost coast of Sweden.
03/06/2020
LVI-Urakointi Paavola delivers in Finnish sustainability project
LVI-Urakointi Paavola delivers plumbing and ventilation to Gasum's biogas plant in Lohja. The plant will process an annual total of 60,000 tonnes of biowaste. The plant is expected to produce more than 40 GWh of biogas and 50,000 tonnes of organic fe…
12/05/2020
Interim report January – March 2020
Comments from CEO Per Sjöstrand: Instalco had a strong quarter, despite the difficult situation we face throughout the world from the COVID 19 pandemic. Sales in the fourth quarter were SEK 1,676 (1,218) million, which corresponds to a growth rate o…
07/05/2020
Instalco companies sign new framework agreement with JM
The Instalco companies, PoB:s Elektriska and El-Pågarna have, jointly, signed a new 3-year framework agreement with JM for electrical installations in conjunction with future construction projects.
15/04/2020
Instalco partners with Skanska and Castellum on office construction project
Instalco subsidiaries, Bi-Vent and Sprinklerbolaget Syd have been contracted by Skanska and Castellum for installation of the complete ventilation and sprinkler systems for E.ON’s new Nordic head office in Malmö.
07/04/2020
Instalco expands in Småland
Instalco is expanding in the counties of Småland and Kalmar via its acquisition of the group of Avent companies in Kalmar, which provide heating, ventilation and cooling solutions.
03/04/2020
Instalco acquires niche welding company
Instalco is acquiring Teampipe Sweden AB in Uppsala. The company has specialist expertise in welding and pipe installations in sensitive environments.
03/04/2020
Instalco expands in Umeå via its acquisition of Norrtech VVS och Industri
Instalco is expanding in Region North via its acquisition of Norrtech VVS och Industri AB, which serves customers in Umeå and the surrounding area.
02/04/2020
Instalco Annual Report 2019 published
The Board of Directors and CEO of Instalco AB, CIN 559015-8944, hereby present the annual report and consolidated financial statements for the 2019 financial year.
01/04/2020
Instalco wins 700 MSEK assignment for work at hospital on behalf of NCC and Region Sörmland
The Instalco companies, Rörgruppen and Ohmegi have won an assignment from NCC for the electrical, heating & plumbing installations in conjunction with the expansion of three hospitals in Södermanland. The work will be carried out as part of a collabo…
30/03/2020
Instalco acquires Östersjö Elektriska
Instalco has acquired Östersjö Elektriska AB, with the intention of merging it with another Instalco subsidiary, Rodens Värme & Sanitet AB. The acquisition enables Rodens Värme & Sanitet to expand its existing heating & plumbing operations with an of…
25/03/2020
LG Contracting in collaboration project for new landmark in Gothenburg
The Instalco company, LG Contracting has won a contract for the heating & plumbing installations at Gothenburg's new landmark, Kineum. The height of the new high-rise building will be 111 meters with 28 floors and with an area of 32,000 sq. meters. I…
13/03/2020
Instalco makes additional acquisition in Lillehammer
Instalco is expanding in central Norway via its acquisition of the heating & plumbing company, Haug og Ruud VVS AS in Lillehammer. The acquisition brings Instalco one step closer to becoming multidisciplinary in the region.
25/02/2020
Year-end report 2019
Comments from CEO Per Sjöstrand: I’m very proud to report that we ended 2019 on a strong note, with stability and high profitability and strong cash flow during the fourth quarter. Sales in the fourth quarter were SEK 1,652 (1,264) million, which…
18/02/2020
Instalco launches sustainability classification
Instalco is implementing a new sustainability programme called “Sustainable Installations”. The aim of the programme is to further solidify Instalco's position as a leading installation company in the Nordic region.
14/02/2020
LG Contracting gets hotel assignment at Liseberg
The Instalco company, LG Contracting, has signed an agreement with NCC, whereby they have been engaged to help build the new experience hotel at Liseberg in Gothenburg. The project will be carried out as a collaborative effort between NCC and Liseber…
04/02/2020
Rörgruppen wins new installation assignment from NCC
The Instalco Company, Rörgruppen AB, has been engaged as a partner by NCC in the Hangar 5 project. The Swedish Construction Company, NCC, owns and develops Hangar 5, located in Bromma, Stockholm, where the vision is to create a new, sustainable distr…
29/01/2020
Wooden Day-Care Centre Suviniitty in Espoo
Construction company Evälahti Uusimaa Oy has chosen LVI-Urakointi Paavola Oy and Twinputki Oy as the HVAC- and sprinkler constructors for new wooden Suviniitty day-care centres in Espoo, Finland. The end user of the project is City of Espoo.
24/01/2020
Instalco now represented in Växjö
Instalco has now been established in Växjö via its acquisition of Elinstallationer Ullsand Bengtsson AB (ELUB). It gives Instalco the ability to serve Kronoberg County, where the Group has not previously been represented.
17/01/2020
Instalco acquires prominent company in Borås
Instalco is expanding its heating and plumbing operations via the acquisition of AB Borås Rörinstallationer. The company was established in 1933 and its annual sales are approximately SEK 75 million.
13/12/2019
Instalco now represented in Kalmar
Instalco has acquired the electricity company, Elovent AB, which means that it is now represented in Kalmar county on the Swedish east coast, where focus will be on serving the cities of Kalmar, Nybro and Oskarshamn.
03/12/2019
Instalco acquires yet another company in Kristiansand
Instalco is expanding in southern Norway via acquisition of the Ventec companies in Kristiansand and Grimstad, which specialise in ventilation solutions.
18/11/2019
Robin Boheman new CFO
Robin Boheman has been appointed as the new CFO of Instalco.
11/11/2019
Interim report January – September 2019
Comments from CEO Per Sjöstrand: Instalco once again reported stable growth in sales and high profitability during the third quarter of the year. Sales for the quarter amounted to SEK 1,416 (998) million. Growth for the quarter was 41.9 percent, of…
07/11/2019
Instalco wins its first major collaboration assignment in Norway
Instalco has won its first major contract in Norway where several of the Group's companies will be collaborating on the same project. Two Instalco companies, Andersen og Aksnes and Teknisk Ventilasjon have won a contract where they will collaborate o…
24/10/2019
Instalco acquires prominent electrical installation company in Falun
Instalco continues growing its electrical installation operations with the acquisition of Henningsons Elektriska AB in Falun. The company was established in 1939 and its annual sales are approximately SEK 135 million.
18/10/2019
Instalco expands in Gothenburg
The installation group Instalco is expanding its heating & plumbing operations in Gothenburg with the acquisition of AB Tingstad Rörinstallation.
08/10/2019
Instalco makes acquisition in Lillehammer, Norway
Instalco is becoming established in a new geographic market in Norway via its acquisition of the heating & plumbing company, Medby AS. In doing so, Instalco will be able to serve the city of Lillehammer and surrounding area, along with continuing to…
01/10/2019
Instalco wins new contract at Malmö Hospital
The Instalco company, Rörläggaren will be engaged in work associated with the expansion of Malmö hospital area via a new contract won by the installation group that it belongs to. Rörläggaren will be responsible for extensive, high-tech heating & plu…
25/09/2019
Two Instalco companies win contracts for work at Solna Strand
The Instalco companies, VVS Kraft and VVS-Metoder have won contracts to participate in the renovation project at the block of buildings Nöten 5 in Solna Strand, Stockholm. They will be working on renovation of 35,000 sq. m. of office space.
05/09/2019
Instalco joins partnering project with Scania and Skanska for construction of new foundry
The Instalco company, JN El, has been contracted by Skanska for electrical installations in conjunction with the construction of Scania’s new foundry in Södertälje.
29/08/2019
Interim report January – June 2019
Comments from CEO Per Sjöstrand: Instalco has continued delivering high profitability and robust growth for the first half of the year. Particulary has segment Rest of Nordics showed improved margins. Sales for the quarter amounted to SEK 1,406 (1,1…
23/08/2019
Instalco wins installation contract with HENT in Norway
Instalco’s Norwegian subsidiary, AS Elektrisk, has been engaged for electrical installation work associated with construction of a new retirement home in Hurum, near the city of Drammen in Norway. The client is the Norwegian construction firm, HENT,…
16/08/2019
Environmentally certified hospital construction
Constructing buildings that will have environmental certification is part of Instalco's sustainability efforts. Instalco is one of Sweden's largest builders of hospitals for the electrical installations, heating, and plumbing systems and it is now in…
07/08/2019
Climate-smart cooling with lake water
The Tetra Pak factory in Sunne has achieved significant energy savings via a new cooling system. In collaboration with the Instalco company, LG Contracting, they’ve created a new model for year-round, energy-efficient cooling using lake water.
31/07/2019
Voltmen specialist in charging stations
Finland has been lagging behind many other European countries in the number of electric cars, hybrid cars and charging stations for them. However, the trend is now turning upwards, which the Instalco company, Voltmen, has noticed in the form of highe…
24/07/2019
Instalco project for exercise, activity and health in Uppsala
Recently, Uppsala’s new indoor centre for climbing and parkour opened. The Instalco companies, VVS Installatör and DALAB were contracted for much of the installation work at the new activity centre.
17/07/2019
Instalco acquires ventilation company in Gävle
Instalco expands its ventilation offering with the acquisition of Milen Ventilation AB in Gävle. This new addition enlarges the geographic scope of Business Area North and Instalco’s offering of ventilation solutions.
11/07/2019
Instalco acquires Rörtema i Nyköping
Instalco expands its heating & plumbing offering with the acquisition of Rörtema i Nyköping AB. The company primarily offers heating & plumbing installations in Södermanland, Östergötland and Stockholm.
05/07/2019
Instalco expands into Östersund
With the acquisition of the ventilation company, OVAB Optimal Ventilation AB, Instalco expands into Östersund and the market serving both Jämtland and Härjedalen.
03/07/2019
Instalco acquires electrical installation company in Helsinki
Instalco is growing in Finland with its acquisition of the electrical installation company, VIP-Sähkö Oy. The company specialises in new construction of residential property and offices.
02/07/2019
Instalco grows with acquisition in northern Finland
Instalco has expanded its geographic scope in Finland with the acquisition of the heating and plumbing company in Uleåborg, Pohjanmaan Taloteknikka Oy. With this acquisition, Instalco has expanded its scope of operations to northern Finland.
02/07/2019
Instalco grows in West
Instalco acquires Bogesunds El & Tele AB in Ulricehamn. With the acquisition, Instalco continues its expansion in Business Area, West.
20/06/2019
Instalco wins multidisciplinary contract in Finland
The Instalco companies, LVI Paavola and Sähkö-Buumi in Finland have won a contract to collaborate on the heating, plumbing and electrical installations at a large office building in Helsinki that is being renovated.
29/05/2019
Sustainable construction in solid wood
Interest in new construction of structures in solid wood is steadily increasing. There are many environmental benefits associated with this and several of Instalco's companies in Norway are involved in construction projects of schools in solid wood.
15/05/2019
Bulletin from the annual general meeting of Instalco Intressenter
At the annual general meeting in Instalco Intressenter on 8 May 2019, income statements and balance sheets for 2018 for the company and the group were adopted.
09/05/2019
Interim report January - March 2019
Comments from CEO Per Sjöstrand: Instalco started 2019 with good growth and rising profitability. Sales for the quarter amounted to SEK 1,218 (979) million. Growth for the quarter was 24.4 percent, of which 5.8 percent was organic growth. Adjusted E…
08/05/2019
Instalco Annual General Meeting 8 May
The Annual General Meeting in Instalco Intressenter AB (publ) reg. no. 559015-8944, will be held Wednesday 8 May 2019 at 5:00 p.m at Venue81, Drottninggatan 81 in Stockholm.
29/04/2019
The Instalco company, DALAB acquires Gävle Elbyggnads
The Instalco company, DALAB Sverige AB is strengthening its position in the region of Gästrikland via its acquisition of Gävle Elbyggnads i Gävle AB.
24/04/2019
Instalco acquires the installations division of DynaMate
Instalco is acquiring DynaMate AB’s division for technical installations. DynaMate AB is a wholly-owned subsidiary of Scania CV AB in Södertälje.
16/04/2019
Instalco expands its operations in Norway
Instalco continues to expand the scope of its operations in Norway with the acquisition of the heating & plumbing company, Moi Rør AS. The acquisition expands Instalco’s scope of operations to Kristiansand and the surrounding area.
10/04/2019
Instalco strengthens its position in electricity & safety in Södermanland
Instalco is acquiring AB El & Säkerhet Sörmland in Katrineholm. The acquisition strengthens Instalco’s position for electrical installations in the county of Södermanland, Sweden.
04/04/2019
Year-end report 2018
CEO Per Sjöstrand comments on the Year-end report 2018 and the fourth quarter. I am very pleased that 2018 has ended with a quarter where we had a high profitability and added several new companies to the Instalco family. Sales for the quarter amo…
15/02/2019
Instalco wins new contract at the research institute ESS
The Instalco companies, Rörläggaren and Bi-Vent have won a contract for ventilation and pipe installation work at the campus area of the ESS research institute. The work, which has been contracted by Skanska, will begin in 2019 and the total order va…
08/02/2019
Instalco adds to its ventilation expertise in Stockholm
Instalco is adding to its expertise in ventilation via the acquisition of Aircano in Stockholm.
04/02/2019
Instalco acquires Aquadus in Eskilstuna
Instalco has signed an agreement to acquire Aquadus in Eskilstuna, thereby strengthening its position in the heating and plumbing sector.
11/01/2019
Instalco expands in the area of electrical power and grids for the process industry
Instalco is entering the area of electrical power and grids for the process industry via its acquisition of El Kraft Teknik & Konsult i Sala AB, EKTK.
07/01/2019
Instalco contracted for electrical installation work at office buildings at Hammarby Sjöstad
The Instalco company, Ohmegi, has been contracted to participate in the construction of Skanska’s new office buildings, Sthlm 01 and Sthlm 04 at Hammarby Sjöstad in Stockholm.
19/12/2018
Instalco wins contract at Linköping University Hospital
The Instalco company, APC Elinstallatören, has been awarded a contract for electrical installation work at Linköping University Hospital. The contract was awarded as part of a procurement process run by Region Östergötland.
12/12/2018
Instalco strengthens its position in electrical installations in Finland
Instalco has acquired Sähkö-Buumi Oy, thereby strengthening its position as a provider of electrical installations in Finland.
03/12/2018
Instalco’s subsidiary, Elektro-Centralen, acquires Häggstrands
Instalco’s subsidiary, Elektro-Centralen strengthens its operations in the Gothenburg region with the acquisition of Häggstrands Elinstallationer.
30/11/2018
Instalco grows in Finland
Instalco strengthens its position in Finland via the acquisition of Twinputki Oy, a company with specialist expertise in automatic sprinkler systems.
16/11/2018
Instalco’s subsidiary, ORAB, acquires company in Piteå
Instalco’s subsidiary, ORAB is expanding in the county of Norrbotten in Sweden, via its acquisition of RSM, Rör Svets Montage i Piteå AB. Via the acquisition, ORAB strengthens its position among industrial companies along the northernmost coast of Sw…
12/11/2018
Interim report January – September 2018
Comments from CEO Per Sjöstrand: Instalco once again reported strong growth in sales and high profitability during the third quarter of the year. Sales for the quarter amounted to SEK 998 (708) million. Growth was 40.8 percent, of which 8.6 percent…
08/11/2018
Instalco expands further in Östergötland
Instalco continues to grow in Östergötland via its acquisition of Motala Ströms Installation AB. MSI has its headquarters in Motala and its main business is electrical and plumbing installations and services.
15/10/2018
Instalco wins contract from SVT
Instalco’s company, VVS Kraft, has won a contract to rebuild the central cooling systems at SVT (the Swedish public service television company), SR (Swedish Radio), UR (Swedish Educational Broadcasting Company) and concert hall Berwaldhallen in Stock…
11/10/2018
Instalco expands in southern Sweden
Instalco continues its expansion in southern Sweden through the acquisition of Rörman i Svedala AB. Rörman is based in Svedala outside Malmö and is primarily active in heating and plumbing.
01/10/2018
Two Instalco companies in joint assignment in central Stockholm
The Instalco companies Rörgruppen and Ohmegi have received an assignment to participate in the reconstruction of Sergelhuset at Sergels torg, the most central public square in Stockholm.
27/09/2018
Interim report January - June 2018
Comments from CEO Per Sjöstrand: Instalco started 2018 with good growth and rising profitability. Sales increased to SEK 979 (689) million, of which 41.3 percent was acquired growth and 3.0 percent was organic growth. Adjusted EBITA for the first…
23/08/2018
Instalco strengthens its heating and plumbing operations in Finland with new acquisition
Instalco strengthens its operations in heating and plumbing through the acquisition of LVI-Urakointi Paavola Oy (“LVI-Urakointi”).
19/06/2018
Interim report January - March 2018
Comments from CEO Per Sjöstrand: Instalco started 2018 with good growth and rising profitability. Sales increased to SEK 979 (689) million, of which 41.3 percent was acquired growth and 3.0 percent was organic growth. Adjusted EBITA for the first qu…
08/05/2018
Instalco expands to new market in Norway
Instalco continues to expand in Norway by acquiring the ventilation company Teknisk Ventilasjon AS. Through the acquisition, Instalco establishes operations in the fast-growing city of Trondheim and surrounding areas.
03/05/2018
Instalco expands in Östergötland
Instalco strengthens its electricity operations in the Östergötland region, through the acquisition of APC Elinstallatören, based in the city of Linköping. The company primarily offers services within electrical installations, service and maintenance…
27/04/2018
Instalco wins contract via Swedish-Norwegian collaboration
The Instalco company Elkontakt has been awarded its first contract outside Sweden, together with the Norwegian Instalco company Vito. The project comprises electrical and sprinkler system installations in the Vestby logistics centre outside Oslo. The…
24/04/2018
Instalco acquires Dala Kylmecano
Instalco grows in northern Sweden through the acquisition of Dala Kylmecano, a company specialised in heat pumps and cooling solutions.
19/04/2018
Two Instalco companies to carry out installations in the new head office of the Swedish Public Employment Service
The two Instalco companies Ohmegi and VVS-metoder have been entrusted to participate in the construction of the new office building Grow in Solna strand outside Stockholm. The Swedish Public Employment Service will be the largest tenant as it moves i…
29/03/2018
Instalco acquires VVS-Kraft
Instalco grows in the Stockholm region through the acquisition of VVS-Kraft. The company performs installation and service work in the heating and plumbing area.
28/02/2018
Instalco acquires Rikelektro with operations in Sweden, Norway and Finland
Instalco has signed a deal to acquire Rikelektro, thus strengthening its offering in Sweden, Norway and Finland.
27/02/2018
LG Contracting awarded hospital assignment in Skövde
Instalco’s subsidiary LG Contracting has been awarded an assignment to participate in new build constructions at the Skaraborg Hospital in Sköve on behalf of Västfastigheter. The assessed order value amounts to approx. SEK 200 million. The assignment…
07/02/2018
Klimatrör to carry out heating and plumbing installations in two new Stockholm projects
Instalco’s subsidiary Klimatrör has been awarded the assignment to carry out heating and plumbing installations in two projects at Södermalm in Stockholm. The total order value for the two projects, named Medborgarhuset and Stockholmsverken, amounts…
02/02/2018
Instalco grows in southern Sweden
Instalco grows in the Skåne region in southern Sweden through the acquisition of Vent & Värmeteknik AB (“VVT”) in Hallaröd outside Höör. VVT is active within the ventilation, heating and electricity disciplines.
12/01/2018
Instalco continues to strengthen its electrical operations through acquisition of 3EL
Instalco strengthens its electrical operations and expands its northern business area through the acquisition of 3EL in Västerås, Sweden.
10/01/2018
Instalco acquires Sprinklerbolaget and creates new area of operation
Instalco broadens its offering through the acquisition of the sprinkler company Sprinklerbolaget Stockholm AB, with nation-wide operations in fire protection and sprinkler systems.
09/01/2018
Instalco expands to Tampere and Seinäjoki, Finland
Instalco continues to grow in Finland through the acquisition of Jalasjärven Vesijohtoliike Kannosto Oy and LVI-Talo Kannosto Oy (”Kannosto companies”). They are active within the heating, plumbing and ventilation disciplines in the surrounding areas…
20/12/2017
Instalco expands in the Gothenburg region
Instalco continues to grow in western Sweden through the acquisition of Elektro-Centralen in Gothenburg. Elektro-Centralen offers services within electricity, data/telecommunications and security.
18/12/2017
LG Contracting wins heating and plumbing assignment in Gothenburg
Instalco’s subsidiary LG Contracting has been awarded the assignment to jointly carry out heating and plumbing installations in the Platinan block in the Central Station area in Gothenburg. The block is part of RiverCity, the largest urban developmen…
05/12/2017
ORAB signs contract for BillerudKorsnäs’ expansion
Instalco’s subsidiary ORAB Entreprenad AB has been awarded the assignment to deliver piping installations as part of the expansion of BillerudKorsnäs’ production unit Gruvön in Grums, outside Karlstad. ORAB’s contract has an order value of approx. SE…
22/11/2017
Instalco expands in Finland through the acquisition of Telefuusio
Instalco expands its operations in Finland by acquiring Telefuusio Oy, a Helsinki-based electrical installation company specialised in telecommunications.
16/11/2017
Instalco acquires Elkontakt i Borås and strengthens its electrical offering
Instalco has signed an agreement to acquire Elkontakt i Borås AB, strengthening its offering within the electrical discipline.
16/11/2017
DALAB expands into electrical installations
Instalco’s subsidiary DALAB Sverige opens a new unit with focus on electrical installations. As a result, DALAB becomes a complete provider of installation services within ventilation, heating and plumbing, and electricity.
08/11/2017
Two Instalco companies to carry out installations in new police station in Rinkeby
The Instalco subsidiaries Rörgruppen and Ohmegi Elektro have been entrusted to participate in the construction of a new police station in Rinkeby in northern Stockholm. Rörgruppen’s heating and plumbing installations and Ohmegis electrical work are c…
31/10/2017
Rörläggaren and ORAB secure renewed assignment at ESS
Instalco’s subsidiaries Rörläggaren and ORAB have been entrusted to participate in the second installation phase of the European Spallation Source (ESS). The general contractor Skanska has awarded the companies with the assignment to carry out the re…
31/10/2017
Rörgruppen to carry out heating and plumbing installations in NCC’s new head office
Instalco’s subsidiary Rörgruppen has been awarded a contract to carry out heating and plumbing installations in NCC’s new head office in Solna. The order value amounts to approximately SEK 50 million.
03/10/2017
Listing of Instalco on Nasdaq Stockholm
Instalco Intressenter AB (”Instalco” or the ”Company”), a leading installation and service supplier within the disciplines heating and plumbing, electrical, ventilation, cooling and industrial, and FSN Capital GP IV Limited as general partner in FSN…
28/04/2017
Rodens Värme & Sanitet becomes part of Instalco
Instalco acquires the heating and plumbing company Rodens Värme & Sanitet AB. Through the acquisition, Instalco strengthens its position in northern Stockholm and establishes a presence in the area of Roslagen.
31/03/2017
The two Finnish companies Uudenmaan LVI-Talo and Uudenmaan Sähköteknikka JP join the Instalco group
Instalco sees attractive opportunities to grow in Finland and strengthens its offering by acquiring Uudenmaan LVI-Talo, active in plumbing, heating and ventilation, and the electrical company Uudenmaan Sähköteknikka. Together with previously acquired…
31/03/2017
Instalco’s subsidiary LG Contracting acquires Gothenburg-based company SwedVVS
LG Contracting wants to expand in the Gothenburg area and through the acquisition a platform to build on is created. SwedVVS is a plumbing company in Gothenburg with 17 employees. Instalco and LG Contracting welcome SwedVVS to the group.
24/02/2017
Instalco part of billion order
Instalco has been given the opportunity to participate in a billion project through its two subsidiaries Ohmegi and Rörgruppen, when Södersjukhuset (hospital in Stockholm) is expanding its premises. During the summer of 2015, NCC was commissioned by…
16/02/2017
Instalco grows in Norway and expands its heating and plumbing business
Instalco continues its expansion in Norway. A new company in the group is the heating and plumbing company Andersen og Aksnes Rørleggerbedrift, with some 30 employees and sales of approximately NOK 100 million. The acquisition complements previous ac…
09/02/2017
