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Non Regulatory

Alimak wins SEK 17 million order in Turkey

Alimak Group (Alimak), the vertical access solution company, has received a SEK 17 million order in Turkey for 23 construction hoists to be delivered during the fourth quarter of 2015.

The order is for 23 construction hoist in both single and twin cage configurations.

"We are proud to announce this new order for construction hoists tailored to our customer's need for fast, efficient and above all safer vertical access in different construction development projects", says Fredrik Betts, Executive Vice President and Head of Business Area Construction Equipment.

Most of Alimak's construction hoists are based on modular designs, which provide 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 also mean reduced time for erection of equipment and optimized 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 50 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.