The Swedish Competition Authority has approved Instalco’s acquisition of Elkontakt i Borås
Instalco has received approval from the Swedish Competition Authority to acquire Elkontakt i Borås AB and all subsidiaries in the Elkontakt group. Hence, the acquisition will take place within five business days.Elkontakt currently employs approx. 80 people and is a complete provider of electrical, telecommunications and data installation services. The company has specialty expertise in installations at new construction projects, primarily in logistics centres, warehouse and production plants, and apartments. For the financial year that ended in August 2017, net sales amounted to approx.