Alimak Group AB: Alimak Extends the Partnership with Bigge

Regulatory News:

Alimak Group (Alimak) (STO:ALIG), the vertical access solution company, is pleased to announce a new deal by Bigge, one of America´s premier global crane companies.

Bigge has recently added the Alimak Scando 650 and 450 models to their growing high demand hoist inventory. The order is totalling a value of 16.5 MSEK. Recently Alimak attended at Bauma, the world´s largest exhibition within construction, in Munich and celebrated Bigge´s Centennial Year and the ownership of 100 Alimak construction hoists.

Commenting on the order, Fredrik Betts, Global Head of Construction Equipment at Alimak, said; "I am happy to continue our great partnership with Bigge in the US”.

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 70 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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