IV Produkt aquires land for 100 million SEK in new area
Last year, we invested in 5,500 square metres of new office and storage facilities, as well as new machines. This year, it was announced that we have also aquired a new plot in the new business area Nylanda in Växjö.
– It is a long-term investment that secures IV Produkt’s flexibility for continued growth. As CEO and responsible for the company, I need to look forward and that is the reason for the acquired land. Since 2007, the revenue has four-folded, says Mattias Sjöberg.
The land, located in the new area Nylanda nearby Växjö airport, is four times bigger than the land we have today.
– The success factor comes from the trust from our customers, competence of our our co-workers, engagement and our company culture. The ventilation industry has managed well and so have we this year, says Sjöberg, CEO of IV Produkt.
It is estimated that the new land will be ready to use by 2026.