# Instalco acquires ventilation contractor Ventec in Kristiansand

Instalco acquired 100% of Ventec AS, Ventec Agder AS, and Ventec Service AS, which together have 32 employees and 2018 revenue of 69 million NOK. The takeover occurs in November-December 2019.

- Type: Acquisition
- Announced: 2019-11-28
- Where: Kristiansand, Grimstad, Norway
- Jobs: 32
- Status: announced
- Products: ventilation and climate control systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Instalco](https://endata.com/companies/34837.md) (acquirer)
- [Ventec](https://endata.com/companies/43582.md) (target)

## Sources

- [vvsforum.no](https://www.vvsforum.no/instalco-kjoeper-ventilasjons-entreprenoeren-ventec-i-kristiansand.6487098-568590.html), 2019-11-28: "Instalco vokser videre i Norge og har kjøpt ventilasjonsentreprenøren Ventec i Kristiansand og Grimstad."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.