The Board and Group Management have initiated a strategic review of the Wind division to explore future strategic alternatives - including a potential divestment.
In 2020,
"We evaluate the Group's business portfolio on a regular basis, with a focus on profitable growth and long-term value creation. The decision to initiate a strategic review of the Wind division is based on the
The Group's ambition is to relentlessly identify market opportunities, as well as growth enhancing and value creative initiatives, to build a high performing platform for profitable growth. To ensure the best possible conditions for the Group to efficiently execute on its strategy and to optimise shareholder value, the Board has decided on a strategic review of the Wind division, to explore future strategic alternatives for the Wind division, including a potential divestment.
The strategic review will be conducted in 2022. There is currently no certainty that this strategic review will result in any material changes for the company. Should the review result in a material event, information will be disclosed in due course.
The Wind division, under the brand Avanti, was acquired in 2017. Wind is a global leader in providing access solutions for wind towers worldwide such as service lifts, ladders, service and training. More than 40,000 service lifts have been installed globally.
Alimak Group´s fourth quarter 2021 results will be published on
For more information, please contact:
Charlotte Holmbergh, Head of Corporate Communications
Charlotte.holmbergh@alimakgroup.com
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