Instalco is growing in the area of security and alarm systems

Instalco is growing in the area of security and alarm systems with the acquisition of Lincom AB. The company, which is domiciled in Norrköping, is specialised in communication solutions for telephony, security, and data.

Lincom is a complete supplier of security solutions, telephony, and security alarms, as well as project planning and installation of phone systems, data cable and fibre optics. The company has 25 employees and for the 2019 financial year, sales were approximately SEK 33 million.

“We have been considering expansion in the area of security and alarm systems for quite some time and are thus very pleased to acquire Lincom, which is a highly knowledgeable and profitable company. With its expertise in low voltage installations, Lincom is an excellent fit with the other companies belonging to the Instalco Group,” says Peter Hjerpe, Business Area Manager for Instalco East.

Lincom specialises in data and telecommunication systems, helping its customers develop their infrastructure and service solutions in that area. It serves customers in both the public and private sectors.

“We are familiar with Instalco and its high ambitions, having collaborated with several Instalco companies in the past, including APC in Linköping. We're looking forward to joining the Group, contributing our knowledge, and developing our business as part of Instalco,” says Linus Änghede, CEO of Lincom.

Instalco will acquire 100 percent of the shares in Lincom AB as of 15 January 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 and industrial solutions. We offer installation, service and maintenance of systems installed at properties and facilities throughout Sweden, Norway and Finland. The operations are conducted through approximately 85 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