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Balco Group AB ( (SE:BALCO) ) has provided an update.
Balco Group has entered a strategic partnership with Altan.dk, a prominent Danish supplier of balcony solutions, to take over a significant portion of Altan.dk’s steel balcony production at its Polish factory. This collaboration aims to strengthen Balco’s presence in Denmark and create synergies by combining production capacity with Altan.dk’s local market position, benefiting both parties through shared experience, market knowledge, and technical expertise.
More about Balco Group AB
Balco Group is a leading player in the balcony industry, known for its innovative, patented, and energy-efficient solutions for multi-dwelling buildings. The company enhances the quality of life, safety, and value of homes through its tailored products and maintains control over its value chain from production to delivery. Founded in 1987 in Växjö, Balco Group employs approximately 550 people and is a market leader in Scandinavia, with operations in several Northern European markets. It is listed on the Nasdaq Stockholm.
Average Trading Volume: 30,007
Current Market Cap: SEK591.7M
Learn more about BALCO stock on TipRanks’ Stock Analysis page.