Instalco acquires niche welding company
Instalco is acquiring Teampipe Sweden AB in Uppsala. The company has specialist expertise in welding and pipe installations in sensitive environments.Teampipe was founded in 2008 and the company has 35 employees. For the most recent financial year, it reported sales of approximately SEK 49 million. “With the acquisition of Teampipe, Instalco enters what is for us, a partially new and very interesting market. Teampipe is established in niche areas where we have not been previously represented, such as the nuclear power industry. The company is very well run. It has strong local ties and