Oil & gas order for Alimak

Alimak Group has received a SK11 million ($1.3 million) order in the Middle East for industrial elevators, set for delivery during the first and second quarters of 2016.

The order comes from the oil & gas sector and includes industrial elevators based on both traction and rack & pinion technology.

“We are proud to win this new order in the Oil and Gas industry. The order clearly demonstrates the strategic fit of our acquisition of Heis-Tek during 2014 and our ability to offer an even wider and more attractive range of vertical access solution for different needs based on a combination of technologies," said Tormod Gunleiksrud, CEO of Alimak Group.

Alimak acquired Heis-Tek in June 2014 as part of its strategy to expand and strengthen its product and service offering to the oil & gas industry. Through the acquisition, Alimak also broadened its product portfolio from rack & pinion-based technology to traction and hydraulic based elevators.