Alimak wins new orders in emerging markets

Alimak Group (Alimak), the vertical access solution company, has received
several orders for construction hoists and work platforms in Turkey, Algeria and
Saudi Arabia. The total order value is 10 MSEK.
The new orders of construction hoists and work platforms will be delivered to
construction- and rental companies in Turkey, Algeria and Saudi Arabia during
the first and second quarter of 2016. Alimak Group is expanding its sales and
service network around the world in order to continue to increase sales and to
offer solutions to construction and industrial clients world-wide. During the
year, Alimak has established new sales and service distributors in Algeria,
Kenya and Lebanon. As of December 23, 2015, Alimak had 22 own sales offices and
more than 60 distributors across the world.

“We are expanding our sales and service network to take advantage of the high
interest in Alimak’s safe and efficient vertical access solutions. We see
increased demand for our mid-market offering in emerging markets in Asia, Middle
East, Africa and parts of South America based on our strong brand and attractive
product portfolio”, says Fredrik Betts, Executive Vice President and Head of
Business Area Construction Equipment.

Most of Alimak´s construction hoists are based on modular designs, providing
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 reduces time for erection of equipment
and optimizes cost for maintenance.

For more information, please contact:

Stefan Rinaldo, CFO, Phone: +46 8 402 1447

John Womack, Director of IR, Phone; +46 (0) 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.