Instalco continues to grow in Kalmar
Instalco acquires Calmarsunds VVS AB. With this acquisition, Instalco will become multidisciplinary in Kalmar, with the ability to offer a full range of electrical, heating & plumbing and ventilation services in the region.
Calmarsunds is a full-range supplier of electrical and heating & plumbing services. The company is specialised in service jobs for property owners and large-scale heating & plumbing contracts. It has 26 employees and annual sales of approximately SEK 68 million.
“Calmarsunds is a well-organised, stable company with a leadership team that is a nice fit with Instalco. They have previously collaborated with the Instalco subsidiaries, Avent and Elovent in Kalmar, which can now be developed even further,” says Patrik Persson, Business Area Manager for Instalco South.
Calmarsunds primarily serves the region of southeast Småland, focusing on the areas surrounding Kalmar, Nybro, Mönsterås, Torsås, Emmaboda and Öland. Its customers are both companies and private individuals. The company was established in 2000 by Niclas Moberg and Magnus Medrin, both of whom will continue in their leadership roles at the company.
“We’re looking forward to joining the Instalco Group and the exciting opportunities this will offer. It will also be very good for our employees and customers, who will benefit from Instalco’s offering and capacity,” says Niclas Moberg, CEO at Calmarsunds.
Instalco will acquire 100 percent of the shares in Calmarsunds VVS AB as of 27 April 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 90 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