Balco has completed the acquisition of RK Teknik

On 8 April 2021, Balco Group AB announced that it had entered into an agreement to acquire all shares in the company RK Teknik AB and its subsidiaries. The acquisition has now been completed.

RK Teknik offers balconies for extensions, remodelings and new constructions, contracting and assembly operations as well as thereto related services and undertakings for the Swedish market. The company's products, which strengthen and complement Balco Group's product range and customer offering, will be launched on all markets in which the group operates. In addition, the acquisition means that Citybalkonger will now be introduced on the Swedish market, a product segment that has so far only been sold in Denmark. The sellers Johan Karlsson and Kristian Karlsson remains as CEO and construction manager, respectively.

For more information, please contact:

Kenneth Lundahl, President and CEO, +46 70-630 20 57, [email protected]
Michael Grindborn, CFO and head of IR, +46 70-670 18 18, [email protected]