# Instalco acquires FTX Teknik & Service to enter Norrköping market

Instalco has acquired FTX Teknik & Service, a Swedish company specializing in ventilation, heating, and cooling installations and service, with about 30 employees and 2019 revenue of approximately SEK 45 million.

- Type: Acquisition
- Announced: 2020-07-09
- Where: Norrköping, Östergötland, Sweden
- Status: completed
- Products: ventilation, heating, cooling installations and service
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Instalco](https://endata.com/companies/34837.md) (acquirer)
- [FTX Teknik & Service](https://endata.com/companies/48454.md) (target)

## Sources

- [industrinyheter.se](https://www.industrinyheter.se/20200709/30243/instalco-etablerar-sig-i-norrkoping), 2020-07-09: "Instalco förvärvar FTX Teknik & Service och etablerar sig därmed i Norrköping."

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