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2021-10-27

Instalco surpasses the milestone of 100 subsidiaries with the acquisition of Kompressorteknik ML AB

Instalco is acquiring Kompressorteknik ML AB and thereby expanding its Industrial business area. The acquisition also means that the Instalco Group has surpassed the milestone of 100 subsidiaries.

Kompressorteknik has its head office in Ludvika and a branch office in and Falkenberg. The company's sales for the most recent financial year were approximately SEK 37 million.

"This day is a milestone achievement for Instalco. We are extremely proud of our 100 subsidiaries and will continue pursuing our acquisition agenda to find the most suitable candidates, adding them to our team and creating synergies. We set up Instalco to be the best `harbour' for installation companies and that remains true still today," says Robin Boheman, CEO at Instalco.

Kompressorteknik is specialized in compressors for various types of industries, breweries and biogas manufacturers. The company offers installation, sales, service and monitoring.

"The acquisition of Kompressorteknik enables us to expand our Industrial business area in a very interesting way. The company has a strong sustainability portfolio that is an excellent fit with the Instalco Group, now, with 100 subsidiaries in total," says Johan Larsson, Business Area Manager for Instalco North.

Kompressorteknik was established in 2009 and it currently has 13 employees.

"Joining Instalco offers us the opportunity of taking our company to the next level of its development. It is also, of course, extra exciting to be the 100th Instalco subsidiary," says Mathias Lindgren, CEO of Kompressorteknik.

Instalco will acquire 100 percent of the shares in Kompressorteknik ML AB as of 26 October 2021.

For more information, please contact:
Fredrik Trahn, Head of IR & Communications, +46 70-913 67 96, fredrik.trahn@instalco.se

Instalco's is one of the leading installation companies in the Nordic region for electrical, heating & plumbing, ventilation, cooling, industrial solutions and technical consulting. We offer system design, installation and service & maintenance of buildings and facilities in Sweden, Norway and Finland. The business is run through our 100 subsidiaries, with support from a small, central organisation. Instalco is listed on NasdaqStockholm under the ticker INSTAL. For more information, visit www.instalco.se.

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