Lindab acquires Plannja's sandwich panel manufacturing
(Thomson Reuters ONE) -
Lindab has agreed to acquire the majority of Plannja's project sales
organisation. The acquired business, primarily located in Luleå, concerns mainly
the manufacture of sandwich panels and decking profiles, and employs around 50
people. The business, which is one of the market leaders in sandwich panel
manufacturing the Nordic region, had sales of around SEK 150 million within the
industrial segment in the Nordic markets last year.
Peter Andsberg, Business Area Manager, Lindab Building Components, comments:
"Sandwich panels are a perfect complement to our offering and gives us real
potential to grow in the Nordic region. Sandwich panels have considerable
advantages in terms of both energy efficiency and a simplified construction
process. With a clear political goal to reduce the energy consumption of
buildings within Europe, the growth potential for energy efficient construction
is greater than for the construction market in general. Moreover, this means we
can offer our customers a solution that is quick and simple to install, which is
entirely in line with our approach towards simplifying construction."
Lindab's President and CEO, David Brodetsky, adds:
"This is an acquisition that fits our Building Components strategy for the
Nordic region for the future. Sandwich panels are very much in demand and
already form part of our product range via a third party. We can now extend our
offering with our own produced sandwich panels to both new and existing
customers in the Nordic markets."
The acquisition is planned for completion on 19 March.
End
The information here is that which Lindab International AB has willingly
chosen to make public or that which it is obliged to make public according to
the Swedish Securities Market Act and/or the Financial Instruments Trading
Act.
Contacts:
LINDAB
David Brodetsky, CEO
Email:david.brodetsky(at)lindab.com
Mobile: +46 (0)73 274 5418
Peter Andsberg, Business Area Manager, Building Components
Email:peter.andsberg(at)lindab.com
Mobile: +36 309440903
Lindab - A Ventilation and Building Products company:
Lindab develops, manufactures, markets and distributes products and system
solutions primarily in steel for simplified construction and improved indoor
climate.
The business is carried out within three business areas, Ventilation, Building
Components and Building Systems. The products are characterised by their high
quality, ease of assembly, energy efficiency, consideration towards the
environment, and are delivered with high levels of service. Altogether, this
increases customer value.
The Group had sales revenue of SEK 6,878 m in 2011, was established in 31
countries and had approximately 4,300 employees. The main market is non-
residential construction, which accounts for 80 percent of sales, while
residential accounts for 20 percent of sales. During 2011, the Nordic market
accounted for 46 percent, CEE/CIS (Central and Eastern Europe as well as other
former Soviet states) for 23 percent, Western Europe for 28 percent and other
markets for 3 percent of total sales.
The share is listed on the Nasdaq OMX Nordic Exchange, Stockholm, Mid Cap. For
more information visit www.lindabgroup.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Lindab International AB via Thomson Reuters ONE
[HUG#1589020]
Unternehmensinformation / Kurzprofil:
Datum: 28.02.2012 - 08:02 Uhr
Sprache: Deutsch
News-ID 119227
Anzahl Zeichen: 4251
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"Lindab acquires Plannja's sandwich panel manufacturing"
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