Gränges Selected to Receive a Delphi 2014 Pinnacle Award

Regulatory News:

Gränges AB (STO:GRNG)

Gränges has received an award in Delphi 2014 Pinnacle Award for best suppliers. The assessment was made based on quality, value and cost during 2014.

"We are proud of our good relationship as a supplier to Delphi. The fact that we get an award for this cooperation is an honour and recognition for our employees", says Johan Menckel, CEO of Gränges.

The award was announced in conjunction with Delphi's Global Supplier Conference & Pinnacle Award event in Shanghai, China on 21 April 2015.

About Gränges

Gränges is a leading global supplier of rolled products for producers of brazed aluminum heat exchangers. The Company develops, produces and markets highly advanced materials that enhance both the production economy of the customer manufacturing process as well as the performance of the final product, the brazed heat exchanger. Gränges has its headquarters in Stockholm, Sweden and operates in three geographical regions: Europe, Asia and the Americas. The Company operates production, research and development facilities in Finspång and Shanghai with total annual capacity of approximately 220,000 metric tonnes. The Company was originally founded in 1896, and the current operation was started in 1972 when the Company started to develop brazed heat exchanger material. Gränges has approximately 950 employees, and in 2014 the Company had net sales of SEK 4,748 million. For more information about Gränges, please visit www.granges.com.

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