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.RIKELEKTRO conducts its operations in Sweden, Norway and Finland, with offices in Umeå in Sweden and Halden in Norway. With 35 employees, the company provides technical installations within electricity, telecom and data with a specialisation towards the retail sector. Åhlens, XXL, Gina Tricot and Kicks are some of its customers. For the 2017 financial year, net sales amounted to approximately SEK 60 million. “With RIKELEKTRO, we continue to expand in Sweden, Norway and Finland.