Gränges AB: Patrick Lawlor appointed President Americas and Member of the Group Management Team of Gränges

Regulatory News:

In preparation of Gränges acquisition of Noranda’s downstream aluminium rolling operations in the United States, Patrick Lawlor has been appointed President Americas of Gränges, effective 22 August, 2016. He will replace Daniel Daoust, who will take on the role of Vice President Sales & Marketing Automotive for the Americas. Patrick Lawlor will be a member of Gränges Group Management Team reporting to Gränges’ CEO Johan Menckel.

"I am very happy to have Patrick Lawlor on board at Gränges. He has a wealth of experience and knowledge to manage our operations in the Americas where Gränges is now entering a new phase as a global player in rolled aluminium”, says Johan Menckel, CEO of Gränges.

Patrick Lawlor has extensive experience from the aluminium industry, most recently at Sapa Group, where he was President Americas for Sapa Extrusions from 2010 to 2015. He successfully managed the integration of Sapa’s acquisition of the US Indalex Group during 2009-2010, while being a CFO of Sapa Extrusions North America. Before joining the Sapa Group, Patrick Lawlor was CFO of Indalex from 2007-2009 and held several managerial positions within Norsk Hydro from 1997-2007.

Scott Croft has been appointed COO of Gränges Americas, effective at closing of the transaction. Scott Croft is currently President Flat Rolled Products and Commercial Officer at Noranda Aluminum.

The information in this press release is such that Gränges must disclose pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on Wednesday, 17 August, 2016, at 17.45 CET.

About Gränges

Gränges is a leading global supplier of rolled products for brazed aluminium heat exchangers. The company develops, produces and markets advanced materials that enhance efficiency in the customer manufacturing process and the performance of the final products; brazed heat exchangers. The company’s geographical markets are Europe, Asia and the Americas. Its production facilities are located in Finspång, Sweden, and Shanghai, China, and have a combined annual capacity of 220,000 metric tonnes. Gränges has some 950 employees and net sales in 2015 totalled SEK 5,494 million. Its shares have been listed on Nasdaq Stockholm since October 2014. More information on Gränges is available at granges.com.

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