ITAB - IKEA chooses ITAB to supply cash desks in Europe – estimated order value of approximately SEK 40 million over the contract’s 2 years

IKEA chooses ITAB to supply cash desks in Europe – estimated order value of approximately SEK 40 million over the contract’s 2 years

3/19/2008 2:58:00 PM

Through a subsidiary, ITAB Shop Concept (seated in Jönköping and trading on First North) has signed a contract with IKEA and will act as a partner in the supply of cash desks for all IKEA’s European superstores. With an order value of around SEK 40 million, the 2-year contract has an option for an extension.

ITAB supplies complete shop interiors for general and trade retailers. The company's operations comprise project management, design, development, manufacture and sales. Besides shop fittings, predominantly in wood and metal, the range of concepts on offer also includes shop equipment (cash desks, entry systems, etc.) and in-house developed products. ITAB Shop Concept has a turnover of around SEK 3.5 billion a year. The group has some 1,700 employees.

ITAB Shop Concept’s certified adviser is Remium AB.

For further information, please contact:
ITAB Shop Concept AB
VD/CEO Ulf Rostedt
Tel: +46 (0)36 31 73 00
Mobile: +46 (0)706 948682

Dep. MD/Dep. CEO Mikael Gustavsson
Tel: +46 (0)36 31 73 00
Mobile: +46 (0)705 162866
Box 9054, SE-550 09 JÖNKÖPING
Tel: +46 (0)36 31 73 00
info@itab.sewww.itab.se

Attached files:
Pressrelease 080319