- CEO
- Johan Dyberg
- Full Time Employees
- 544
- Sector
- Consumer durables
- Industry
- Homebuilding
- Address
- Älgvägen 4 Växjö KR Sweden 352 45
- IPO Date
- Oct 6, 2017
- Business
- Balco Group AB engages in the development, manufacturing, sales, and installation of innovative balcony solutions and facade renovations across Northern Europe. Founded in 1987 and headquartered in Växjö, Sweden, the company offers customized glazed and open balcony systems, including patented energy-efficient enclosures that yield up to 30% energy savings; modular solutions such as AluTwo and Levitate for new builds; city balconies for urban properties; complementary turnkey services encompassing facade renovation, window replacement, roof insulation, solar panel installation, and air-to-air heat pump integration; as well as balcony racks, welded structures, and climate walls, primarily targeting tenant-owner associations, municipal housing companies, private landlords, and construction firms in renovation (71% of revenue) and new build segments. Balco Group operates through subsidiaries under nine brands in eight markets including Sweden, Norway, Denmark, Finland, Germany, the United Kingdom, the Netherlands, and Poland, with manufacturing in Sweden, Finland, and Poland; it maintains market leadership in the Nordics and challenger positions elsewhere, supported by approximately 650 employees and 2024 net sales of SEK 1,418 million. Recent strategic changes include the January 2024 acquisition of Riikku Group Oy, Finland's leading balcony glazing firm with EUR 40 million turnover, marking Balco's largest deal and bolstering new build and Nordic positions; the March 2024 purchase of Suomen Ohutlevyasennus Oy, a Turku-based facade turnkey contractor with EUR 11 million turnover, enhancing renovation synergies; major project wins such as the NOK 63 million Björgene 1 renovation in Norway, EUR 3.3 million Greenpark order for 584 balconies in Berlin, and SEK 60 million Borås turnkey contract; ongoing structural optimizations in manufacturing and Finnish integration for cost efficiency; and Q3 2025 emphasis on German expansion amid profitability initiatives.