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Adapteo awarded in Oslo Municipality’s new framework agreement for school buildings

Adapteo Plc Press release 09 July 2020 at 11:00 a.m. CEST

Oslo Municipality’s final procurement decision has today been established and awards Adapteo, together with three other companies, the framework agreement as a supplier of new adaptable school buildings across the Oslo region. The new agreement extends over a two-year period with an option for a two-year extension, bringing the total contract period to four years. The contract period starts in August 2020.

– We are very proud to be part of this new framework agreement and appointed supplier of quality buildings to such an important social function as schools throughout the Oslo region. We believe that adaptable buildings with educational activities in focus, great acoustics and a good working environment for educators make a real difference, says Philip Isell Lind af Hageby, President and CEO of Adapteo Group.

The frame agreement will make the purchasing process efficient for Oslo Municipality, as there is estimated to be a significant demand of high-quality school buildings in the region until 2022. Adapteo designed a fit-for-purpose building based on the C90 platform, providing a state of the art solution for schools in Oslo.

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    For additional information, please contact

    Philip Isell Lind af Hageby, President and CEO, +46 73 022 19 36, philip.isell@adapteo.com
    Niklas Alm, SVP Investor Relations, +46 708 24 40 88, niklas.alm@adapteo.com

    Adapteo in brief

    Adapteo is a leading flexible real estate provider in Northern Europe. We build, rent out and sell adaptable buildings for schools, daycare centres, care, offices, accommodation and events. ​We know that our society will go through an immense change in the years to come. Whatever the future brings, we believe that adaptability is the best solution. With our buildings, we can transform, repurpose, scale up and scale down in a matter of weeks by using a modular and circular building concept. Our buildings can be used for a few days or indefinitely, always optimised for current needs. That is how we build adaptable societies.

    Adapteo is listed on Nasdaq Stockholm and operates in Sweden, Finland, Norway, Denmark and Germany. In 2019, Adapteo’s Net sales were EUR 216 million.

    www.adapteogroup.com 

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