Alimak wins new orders in emerging markets

Alimak Group (Alimak), the vertical access solution company, has received

several orders for construction hoists and work platforms in Turkey, Algeria and

Saudi Arabia. The total order value is 10 MSEK.

The new orders of construction hoists and work platforms will be delivered to

construction- and rental companies in Turkey, Algeria and Saudi Arabia during

the first and second quarter of 2016. Alimak Group is expanding its sales and

service network around the world in order to continue to increase sales and to

offer solutions to construction and industrial clients world-wide. During the

year, Alimak has established new sales and service distributors in Algeria,

Kenya and Lebanon. As of December 23, 2015, Alimak had 22 own sales offices and

more than 60 distributors across the world.

“We are expanding our sales and service network to take advantage of the high

interest in Alimak’s safe and efficient vertical access solutions. We see

increased demand for our mid-market offering in emerging markets in Asia, Middle

East, Africa and parts of South America based on our strong brand and attractive

product portfolio”, says Fredrik Betts, Executive Vice President and Head of

Business Area Construction Equipment.

Most of Alimak´s construction hoists are based on modular designs, providing

flexibility in both size and capacity for use in a variety of applications,

including construction and refurbishment of high-rise buildings, bridges,

chimneys and façades. The modular design reduces time for erection of equipment

and optimizes cost for maintenance.

For more information, please contact:

Stefan Rinaldo, CFO, Phone: +46 8 402 1447

John Womack, Director of IR, Phone; +46 (0) 70 678 2499

About Alimak Group

Alimak is a global market leader and pioneer in designing, developing,

manufacturing, distributing and servicing industrial vertical access solutions.

The company provide high quality hoists, elevators and platforms primarily for

the industrial and construction sectors. Alimak has a global sales, services and

distribution platform across more than 60 countries with strong market

positions. The company has a well-established and highly resilient aftersales

business and its large global installed base of ca. 21,000 units provides unique

know-how into its customer’s needs. Alimak was founded in 1948, is headquartered

in Stockholm and employ over 1,100 people across the world. The Group had

revenues of SEK 1.8 billion in 2014.

Source: Alimak Group