ITAB - ITAB has reached an agreement with Sainsbury in the UK - increase in volume more than SEK 40 million

ITAB has reached an agreement with Sainsbury in the UK - increase in volume more than SEK 40 million

5/24/2010 3:35:00 PM

Sainsbury, one of the leading grocery chains in the UK, has chosen ITAB as the main supplier of shop fittings, logistics, installation, project management and service to its store interior program in the UK.

The agreement will include ITAB to be the main supplier of Sainsbury shop fittings comprising logistics management for new construction and renovation program in the UK in one year. ITAB will also manage the project and install the main part of the program.

ITAB welcomes the new agreement and the working structure of the project when ITAB now becomes the main supplier of Sainsbury. Previously ITAB supplied nearly half of the Sainsbury store interiors. Through the new agreement ITAB will also expand in logistics, installation and project management. Estimates indicate ITABs order volume to Sainsbury is expected to increase by over SEK 40 million in 2010.

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 had a turnover during 2009 of SEK 2,8 billion and at the turn of the year ca. 1.500 employees.

ITAB Shop Concepts certified advisor is Remium AB.

For further information, please contact:

ITAB Shop Concept AB  
CEO  Ulf Rostedt  
Phone:  +46 36 31 73 00

d. CEO    Mikael Gustavsson  
Phone:  +46 36 31 73 00
  
Box 9054, SE-550 09 JÖNKÖPING    
Telefon: +46 [0]36 31 73 00 
www.itab.se