Instalco expands into northern Norway
Instalco expands into northern Norway through the acquisition of JB Elektro As in Tromsö. The acquisition is a first step towards a future larger establishment in northern Norway.JB Elektro was founded in 1996 and currently has 21 employees. For the financial year 2019, net sales amounted to approximately 40 million. The company becomes the northernmost establishment of Instalco. “This is a strategic acquisition to establish Instalco in northern Norway. With its strong reputation and presence in the local market, we look forward to JB Elektro becoming part of Instalco”, says Roger Aksnes,