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.Nihlén Elmontage was established in 1980 and it is a family-owned company that primarily focuses on street lighting and charging stations for electric and hybrid vehicles. The company, with head office in Askim, has 18 employees and it serves customers in the Gothenburg region. “This acquisition establishes Instalco in the segment of street lighting. It also gives us
