Alimak wins SEK 9 million order in Canada

Alimak Group (Alimak), the vertical access solution company, has received a SEK 9 million order in Canada regarding construction hoists to be delivered during the third and fourth quarter of 2015.

The new order, from Tall Crane Equipment LTD located in Vancouver BC, includes construction hoists in twin cage configurations.

“We are proud to announce this new order in Canada, a market with significant sales potential for Alimak. We continue to expand our sales, distribution and service network globally which is one of our main competitive strengths”, 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 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.