ITAB - New customer in Do-It-Your-Self segment for ITAB in NorthEast region.

New customer in Do-It-Your-Self segment for ITAB in NorthEast region.

11/16/2009 3:31:00 PM

The shop chain Kodin Terra - DIY- hypermarket acting on the Finnish market and owned by the Finnish S Group Finland has chosen ITAB regarding supply and installation of  Kodin Terra - DIY- stores in Finland. 

ITAB Shop Concept AB, traded on the market place Nasdaq OMX Mid Cap, has been chosen as the supplier of the shop concept of Kodin Terra-DIY-hypermarkets in Finland. The Kodin Terra-DIY shops are the fastest growing DIY shops in Finland including shopping sales areas from 10 - 16.000 m2 per shop.

ITAB, which includes several of the ITAB companies in the ITAB North East region, will produce and supply the concept shop for Kodin Terra DIY-stores. The deliveries include ITABs heavy-duty system, customized interior systems, checkouts and entrance systems to the Kodin Terra DIY-stores during 2010. These turn key projects also includes project management, installation and service assignments. This agreement is highly valued by ITAB as customer relationship can be further expanded.

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 2008 of SEK 3,4 billion. The group has 1, 500 employees.

For further information, please contact:
ITAB Shop Concept AB  
CEO  Ulf Rostedt  
Phone:  +46 36 31 73 00
Mob:  0706-948682

d.CEO    Mikael Gustavsson
Phone:  +46 36 31 73 00
Mob:  0705-162866

Box 9054, SE-550 09 JÖNKÖPING    
Telefon: +46 [0]36 31 73 00