Instalco continues to develop its operations focused at the industrial sector Finland. This has occurred via the acquisition of Dymont Installation Oy in Kauhajoki, which is located in the area of south Ostrobothnia. The firm focuses on each industrial and mechanical & electrical (M&E) installations and repair.
Dymont has 57 workers and its gross sales for the most up-to-date monetary 12 months have been roughly SEK 52 million. The firm’s finish prospects are primarily in the forest trade, in addition to the timber, vitality, metal and meals industries.
“Dymont is a stable company with good profitability and ambitious growth plans for the future. Together with Dymont, we are now starting to seriously build up the Industrial area of Instalco Finland,” says Sami Vanhamäki, Business Area Manager for electrical at Instalco Finland.
The firm has already been collaborating with the Instalco subsidiary, Kyrön Sähkö, in the previous and now, as half of the identical group, the two will be capable to construct upon that collaboration additional, sharing each data and prospects. Dymont was based in 2007 and it’s run by the CEO, Ari Mäkela, and Project Manager, Kimmo Keto-Aro, each of whom will stay in their present roles after the acquisition.
“Joining Instalco opens up opportunities for realising our growth plans together with the other companies in the Group. “We additionally wish to be an element of the journey of build up the Industrial business area of Instalco Finland,” says Ari Mäkela, CEO at Dymont.
Instalco will purchase one hundred pc of the shares in Dymont Installation Oy as of 17 November 2022.
For additional data
Fredrik Trahn, Head of IR & Communications, telephone +46 70 913 67 96, e-mail [email protected]
Instalco is one of the main set up firms in the Nordic area, lively in the areas of heating, plumbing, electrical energy, cooling, technical consulting and industrial options. We supply venture planning, design, set up, service and upkeep of programs put in at properties and services all through Sweden, Norway and Finland. The operations are performed via roughly 115 main and extremely specialised native firms, with the help of a small central organisation. Instalco is listed at Nasdaq Stockholm beneath the ticker INSTAL. For additional data, go to www.instalco.se
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Instalco expands the Industrial area of the business in Finland
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Instalco expands the Industrial area of the business in Finland
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Instalco expands the Industrial area of the business in Finland
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