Four Instalco companies have been contracted by Peab Sverige AB for a joint assignment in Malmö. The work involves design and installation of the electrical, heating & plumbing, ventilation and sprinkler systems in conjunction with construction of Oatly's new head office at the property called Gjuteriet in Malmö.

The estimated order value for the assignment is approximately SEK 45 million and it will be run as a partnering project together with Peab and Varvstaden AB. The Instalco companies that will jointly participate in the project are: Insta EL (electrical), Rörläggaren (heating & plumbing), Bi-Vent (ventilation) and Sprinklerbolaget (sprinkler).

"With four Instalco companies getting involved so early in the process, we have been able to suggest sustainable, efficient solutions that we will now easily be able to implement. This type of project, with its high sustainability profile, fits perfectly with our way of working and we are very happy to be a part of the conversion and development of Malmö's former shipyard area," says Patrik Persson, Business Area Manager for Instalco South.

At Kockum's former manufacturing premises in Malmö, a new city district called Varvstaden is being developed by Peab and Varvstaden AB. At the building called Gjuteriet, where ship parts were once manufactured, work is being done to renovate and convert it into modern office premises and meeting venues for the plant-based food company, Oatly. The property is registered as a culturally historic building (K-märkt, in Swedish) and Oatly, Varvstaden and the City of Malmö have closely collaborated to come up with a new design and purpose for the building, while retaining its robust, industrial character.

The Instalco companies participating in the project have already begun their work and the assignment is expected to be completed at the end of 2022.


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

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