Alimak Wins Construction Hoist Orders in the US

Regulatory News:

Alimak Group (Alimak)(STO:ALIG), the vertical access solution company, has received two orders for construction hoists in the US to be delivered during the first quarter of 2016. The total order value is 16 MSEK.

The new orders of high-speed construction hoists will be delivered to construction equipment rental customers in Denver and New York.

"We are encouraged by the continued interest and confidence shown by our customers through the placement of additional orders for the full range of Alimak Hek products. The new high speed hoists will allow our customers to support the construction of high rise commercial projects in their markets. Our customers require reliable, safe and efficient vertical access and we continuously work to enhance our vertical access solutions to meet and exceed these requirements”, 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.

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.

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