Alimak Group restructures and reorganises with MSEK 60 in targeted annualised savings
Alimak Group will restructure and reorganise, with the target of annualised savings of around MSEK 60. Associated non-recurring costs are related to some MSEK 60. The non-recurring costs will be taken in Q3 (MSEK 35) and Q4 2020 (MSEK 25).Following the business review initiated by CEO Ole Kristian Jødahl, Alimak Group has decided to launch a three-step programme that will be presented in-depth tomorrow. One part of this programme is a reorganisation of the Group’s business into four, customer centric divisions: Construction, Industrial, BMU and Wind. The divisions will be responsible for