March 1 (Reuters) - Instalco AB INSTAL.ST :
* INSTALCO IS EXPANDING ITS OFFERING IN SCAFFOLDING
* TO ACQUIRE ENTER STÄLLNINGAR AB, THEREBY STRENGTHENING AND
EXPANDING ITS OFFERING OF SCAFFOLDING
* HAS SIGNED AN AGREEMENT TO ACQUIRE ENTER STÄLLNINGAR AB
* COMPANY HAS APPROXIMATELY 120 EMPLOYEES AND SERVES
CUSTOMERS IS
SOUTHWESTERN SWEDEN
* ENTER STÄLLNINGAR HAD SALES OF APPROXIMATELY SEK 340
MILLION
* WE SEE GREAT OPPORTUNITIES FOR SYNERGIES WITH OUR OTHER
INSTALCO
COMPANIES
* INSTALCO WILL ACQUIRE 100 PERCENT OF SHARES IN ENTER
STÄLLNINGAR
AB, WITH EXPECTED COMPLETION IN MARCH.
Source text for Eikon: ID:nWkr8Z3D9N
Further company coverage: INSTAL.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))