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 Sweden.RSM’s main areas of operation are industrial pipe installations, fittings and plumbing/heating. Operations are mainly in the area around Piteå, but it performs contract work throughout Sweden. The company was established in 2009 and it has ten employees. For the 2017/2018 financial year, RSM reported sales of approximately SEK 20 million.