Instalco acquires PeMi Ventilation & Montage

Instalco is growing in the area of ventilation solutions with the acquisition of PeMi Ventilation & Montage AB. The company is domiciled in Orsa and it offers ventilation services to industries, construction companies and private individuals.

Founded in 1992, it has 13 employees and sales for the most recent financial year were SEK 38 million. PeMi is active throughout Sweden, although most of its customers are located in the regions of Dalarna and the Swedish mountain area.

“PeMi is a solid, well-known brand in Dalarna and with this acquisition, we strengthen our offering of ventilation solutions in the region. We will also benefit from their focus on industry, which is a strong and growing discipline for Instalco,” says Johan Larsson, Business Area Manager for Instalco North.

The company’s customers are primarily companies, municipalities & county councils, industries, construction companies, laboratory companies, schools and nursing homes.

“All of us who work at PeMi continually strive to develop our expertise and technical know-how. Being a part of Instalco will open up new opportunities for us to develop our business in an entirely new way,” says Per Sundberg, CEO at PeMi.

Instalco will acquire 100 percent of the shares in PeMi Ventilation & Montage AB as of 7 September 2021.

For further information

Fredrik Trahn, Head of IR and Communications
phone +46 70 913 67 96, e-mail fredrik.trahn@instalco.se

Instalco is one of the leading installation companies in the Nordic region, active in the areas of heating, plumbing, electricity, cooling, technical consulting and industrial solutions. We offer project planning, design, installation, service and maintenance of systems installed at properties and facilities throughout Sweden, Norway and Finland. The operations are conducted through approximately 95 leading and highly specialised local companies, with the support of a small central organisation. Instalco is listed at Nasdaq Stockholm under the ticker INSTAL. For further information, visit www.instalco.se