SSAB's subsidiary, Plannja, acquires specialist company in Småland


SSAB's subsidiary, Plannja, acquires specialist company in Småland

Plannja AB has strengthened its position on the prefabricated construction
market through the acquisition of the sheet and ventilation supplier, Steinwalls
Plåt AB in Landsbro. The family-owned company, Steinwalls, possesses many years
experience as a supplier to the single-family home industry. The company has 45
employees and sales in excess of SEK 80 million.                              

-	We are pleased today, says Plannja AB's president, Thomas Björk. Steinwalls
possesses a solid reputation and is very skilled in both production for the
prefabricated construction market and superior logistics solutions and will be
an important complement to our business operations.        

As a consequence of the deal, Plannja, with its head office in Luleå, will have
two subsidiaries in Småland; Plannja Siba AB in Järnforsen is already part of
the Plannja Group.                           

Steinwalls will continue to have its registered office in Landsbro with the same
staffing and management as today. Thus, the same on-time delivery and service to
existing customers will be retained.   

-	We have doubled production and sales in only a few years. Plannja will provide
us with the strength and expertise required to enable us to develop further,
says Andreas Steinwall, president of Steinwalls Plåt AB.

Prefabricated construction is increasing for all types of properties, both in
Sweden and other countries. In order to meet this trend, Plannja is now
establishing a special business area for prefabricated construction.  


For detailed information, please contact: 
Thomas Björk, president, Plannja AB, +46 70-606 85 61
Andreas Steinwall, president, Steinwalls Plåt AB, +46 70-514 17 10
Roland Marklund, Business Area Manager, Plannja AB, +46 70-349 29 89            


Plannja is one of Europe's leading brands in thin steel sheet products for the
building market. Our product systems make building easy and more economical and
add aesthetic appeal. With Plannja, you can count on quality and functionality
at all stages - Plannja, it works. The Plannja Group, with about 520 employees
and sales of about 160 million euros, is part of the SSAB Group, the leading
manufacturer of Swedish quality steel.   

Attachments

03282274.pdf