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Instalco AB
Lilla Bantorget 11
Stockholm, 111 23  Sweden Ticker: INSTALINSTAL

Instalco adds to its ventilation expertise in Stockholm


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.

Stockholm Luftkompetens was set up in 2015 and the company currently has around 20 employees. For the 2020 business year, sales were SEK 78 million.

"Stockholm Luftkompens is a company that has a very strong entrepreneurial spirit, and it has enjoyed robust growth in recent years. It also has an excellent service offering, which is in line with Instalco's growth strategy," says Tobias Eriksson, Business Area Manager for Instalco Stockholm.

Services that the company offers are primarily installation of ventilation systems, adaptations to renovated facilities and new installation. It also performs mandatory ventilation inspections, airflow adjustments, maintenance, cleaning of air ducts, along with setting up ongoing service agreements with customers.

"We have grown quickly in recent years and now, joining Instalco, feels like the next natural step to take for continuing our development. We're looking forward to collaborating with the other Instalco companies and sharing our expertise," says Marcus Waern, CEO at Stockholm Luftkompetens.

Instalco will acquire 100 percent of the shares in Stockholm Luftkompetens AB as 22 February 2021.


For further information

Fredrik Trahn, Head of IR and Communications
phone +46 70 913 67 96, e-mail fredrik.trahn@instalco.se

 

Instalco is one of the leading installation companies in the Nordic region, active in the areas of heating, plumbing, electricity, cooling and industrial solutions. We offer installation, service and maintenance of systems installed at properties and facilities throughout Sweden, Norway and Finland. The operations are conducted through approximately 85 leading and highly specialised local companies, with the support of a small central organisation. Instalco is listed at Nasdaq Stockholm under the ticker INSTAL. For further information, visit www.instalco.se

https://news.cision.com/instalco/r/instalco-adds-to-its-ventilation-expertise-in-stockholm,c3293620

https://mb.cision.com/Main/15570/3293620/1377297.pdf

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Monday, March 8, 2021