SANDVIKEN, Sweden, Sept. 2, 2022 /PRNewswire/ — The shares of Alleima, a world producer of superior stainless steels, particular alloys and heating programs for probably the most demanding industries, start trading on Nasdaq Stockholm. This marks the beginning of Alleima as a completely unbiased firm after being a part of Sandvik. The identify Alleima is a mixture of the phrases “alloy” and “material” – two core strengths of the corporate.
“This is a historic day for our company and an important step to build for the future. We are the result of nearly 160 years of collective minds, working together with our customers. Today Alleima is a world-leader in its fields and a strong performer in its industry. As a standalone company, Alleima will have the right prerequisites to realize its full potential and the best possible conditions for growth and value creation. I want to thank all our employees for the great work and the quality we deliver and our customers for their trust and the advancements we achieve together. Even though our name is new, we will not forget our origins. We will continue to offer the same advanced high-quality products and services with the same expertise and solutions that our customers are used to” says Göran Björkman, President and CEO of Alleima.
The Annual General Meeting of Sandvik AB determined on April 27, 2022, to distribute all shares of Alleima AB to the shareholders of Sandvik AB. Shareholders of Sandvik AB as per the file date August 29, 2022, have obtained one share in Alleima for each 5 shares held in Sandvik. The prospectus is obtainable on the Sandvik web site, residence.sandvik, and on the Alleima web site, www.alleima.com. The whole variety of excellent shares in Alleima AB is 250,877,184. Alleima is listed on Nasdaq Stockholm beneath the ticker ‘ALLEI’.
Alleima AB (publ)
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Background about Alleima
About Alleima
Alleima, previously Sandvik Materials Technology, is a world producer of excessive value-added merchandise in superior stainless steels and particular alloys in addition to options for industrial heating. Based on long-term buyer partnerships and main supplies expertise, we develop merchandise for probably the most demanding functions and industries. Our providing contains merchandise like seamless metal tubes for the power, chemical and aerospace {industry}, precision strip metal for white items compressors, air conditioners and knife functions, based mostly on greater than 900 energetic alloy recipes. It additionally contains ultra-fine wires for medical and micro-electronic units, industrial electrical heating expertise and coated strip metal for gas cell expertise for automobiles, vans, and hydrogen manufacturing. Our absolutely built-in worth chain, from R&D to end-product, ensures industry-leading expertise, high quality, sustainability, and circularity. Alleima, with headquarter in Sandviken, Sweden and revenues of SEK 13.8 billion in 2021, has greater than 5,500 workers and clients in roughly 90 nations. Alleima was listed on Nasdaq Stockholm on August 31, 2022 beneath the ticker ‘ALLEI’. Learn extra at www.alleima.com
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