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Regulatory press release

K-Fast Holding AB: K-Fastigheter increases its prefab capacity

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K-Fastigheter's business area Prefab sees a growing demand in western Sweden and increases its production capacity by investing in new equipment and new facilities for carpentry and reinforcement in the factory in Bollebygd.

The Prefab business area operates under the Finja Prefab brand and is a full-service frame contractor that has been part of K-Fastigheter since 1 January 2021. The company notes an increasing demand in the region western Götaland and has therefore decided to expand its collaboration with Skanska Grundläggning in Bollebygd.

"From April, we will expand our capacity and our offering from the Bollebygd factory. This venture is also an environmental investment. The expansion means that we can manufacture more locally produced products that are part of our housing concept Sustainable Homes, which means, among other things, that we deliver a complete concrete frame for residential buildings," says Kaj Grönvall, CEO Finja Prefab AB.

Finja Prefab is a nationwide player in prefabricated concrete elements for housing, offices, industry and agriculture. The company has seven production facilities in Sweden, employs about 550 employees and sales amount to about 1 billion on an annual basis.

 

For further information, please contact:

Kaj Grönvall, CEO Finja Prefab AB, e-mail: kaj.gronvall@finjaprefab.se,telephone: +46 702 667 179
Anders Antonsson, IR Manager, e-mail: anders.antonsson@k-fastigheter.se,telephone: +46 708 730 900

 

As a property company, K-Fastigheter's objective is to add value for tenants by creating attractive homes with superior comfort. The Group's operations encompass active property management, project development and proprietary construction operations. To enhance cost efficiency and cut construction times, K-Fastigheter has chosen to work with three concept buildings, developed in-house and constructed for proprietary management. K-Fastigheter provides some 2,240 homes in several locations in the Öresund region, in the province of Småland and in western Sweden, and is assessing new markets as production capacity increases. The Group's property portfolio has a book value of approximately SEK 6.9 billion, with an annual rental value of about SEK 265 million. Since November 2019, the company's class B shares have been traded on Nasdaq Stockholm (ticker: KFAST B). Read more at www.k-fastigheter.com (http://www.k-fastigheter.com/en)

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