Instalco AB (publ) (OM:INSTAL) will seek acquisitions. Instalco has entered into a new credit agreement totaling SEK 3.4 billion to support future acquisitions. The new credit facility agreement is with Danske Bank A/S (CPSE:DANSKE), Skandinaviska Enskilda Banken AB (publ) (OM:SEB A), and AB Svensk Exportkredit (publ), for a total amount of SEK 3.4 billion.

The new credit facilities strengthen Instalco's position for pursuing additional acquisitions of profitable, leading companies. The term of the financing arrangements are 2 years, with the option of extending to a maximum of four years.