
About Instalco
Instalco (NASDAQ Stockholm: INSTAL) is an installation and service supplier within the disciplines of heating and plumbing, electrical, ventilation, cooling, and industrial. Instalco is a Nordic group with representation in most parts of Sweden, in Drammen, Oslo, and Tønsberg in Norway, and in the Helsinki region in Finland.

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Latest Instalco News
May 24, 2023
Instalco Wed, May 24, 2023 09:15 CET The Instalco companies, FN Elektro & Ventilasjon AS and Grevstad & Tvedt VVS AS are collaborating on an assignment to renovate and expand Askøy High School, which is located in northern Bergen. They will be responsible for the design and installation of the electrical, heating & plumbing and ventilation systems. The project has an estimated total order value of NOK 100 million for Instalco. Askøy High School is being expanded and renovated, with new construction in solid timber. Instalco will deliver the complete electrical systems, solar panels, air treatment & cooling solutions, a heating system that will collect geothermal heat from energy wells, and the water & sewage systems. Once completed, the school will go from its current 4,200 sq. m. to 18,500 sq. m, with capacity for nearly 1,000 students. The contractor is Constructa Entreprenør AS and the end customer is Vestland Municipality. “Instalco has been closely collaborating with Constructa Entreprenør for quite some time and this is an excellent example of how partnering projects between the customer and our Instalco companies work. We are very proud to be a part of it all and helping make Bergen an even better place to live, which is exactly what this school project will do,” says Roger Aksnes, Head of Division for Instalco Norway. The project got underway in 2021, but modifications and extras have now been added for the two Instalco companies involved. It is scheduled for completion in 2024. The goal is to certify the project as a Sustainable Instalco Project and obtain a BREEAM rating of Excellent.
Instalco Acquisitions
35 Acquisitions
Instalco acquired 35 companies. Their latest acquisition was Elektro Vasterbotten on May 16, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
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5/16/2023 | Acquired | 1 | ||||
3/28/2023 | Acquired | 1 | ||||
3/23/2023 | Acquired | 2 | ||||
3/1/2023 | ||||||
2/10/2023 |
Date | 5/16/2023 | 3/28/2023 | 3/23/2023 | 3/1/2023 | 2/10/2023 |
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Companies | |||||
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Total Funding | |||||
Note | Acquired | Acquired | Acquired | ||
Sources | 1 | 1 | 2 |
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