Following the completion of the acquisition of Tractel, Alimak Group launches a new organisation . The acquisition of Tractel will enable the delivery of high customer value with sustainable and efficient solutions for both temporary and permanent access needs. Alimak Group is, as of November 21, 2022 organised in five customer centric divisions, each responsible for the full customer journey. Construction division: Tractel's temporary access rack & pinion business ­ Scanclimber, a leading provider of mast climbing work platforms, will become part of the Construction division. This will expand the customer base and unlock significant cross selling opportunities through the broadened solutions portfolio including hoists, transport platforms and mast climbing work platforms, serving both construction and rental customers. Facade Access division: Tractel's permanent access organisation will become part of the Facade Access division. The acquisition of Tractel brings the opportunity to establish a global market leading position in permanent access solutions through the expanded customer base and combined portfolio. The portfolio covers all categories of buildings and structures, including complex projects and high rises, standard BMU's and mid rises as well as Davits and simpler access systems for low rises. Wind division: There is no organisational change for the Wind division effective on closing, but the work to start realizing growth opportunities will begin immediately. Tractel's product range and growth initiatives in Wind is a perfect fit with Avanti's portfolio and broadens the scope and opportunities for Alimak Group. The joint offering will enhance the Group's value proposition to both OEM's and end customers, expanding the portfolio for safe and efficient access and lifting & handling solutions in wind towers; Height Safety & Productivity Solutions division (New division): The new Height Safety and Productivity Solutions division provides significant synergies for cross selling of solutions, adds a lot of new customers, opens new segments, and contributes with a vast global network of distributors. The end customers of these products are found both within construction as well as in basically all industrial segments. Industrial division: There is no organisational change for the Industrial division effective on closing. However, any cross-selling opportunities with Tractel will begin immediately. Alimak Group's five divisions are fully responsible for the customer journey, including equipment, spare parts and services. Alimak Group and Tractel have similar after sales business models based on products that have a long life with need for inspection, service, and certification. The combination offers significant potential to increase Alimak Group's service business, based on the large combined installed base of Alimak Group and Tractel. The expanded service solutions offering and the vast installed base, enables the company to minimize customers' total cost of ownership, prolong the lifetime of the solutions and to refurbish and if needed replace such solutions, thereby also reducing the climate and environmental footprint.

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