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lindab | we simplify construction

Our history of
Simplifying Construction
lindab | we simplify construction
|
lindab | we simplify construction
lindab | we simplify construction
lindab | we simplify construction

The early learning years
1959 - 1964
lindab | we simplify construction

The early learning years

1959
• AB Lidhults Plåtindustri formed in Grevie on 6 February 1959
• Lage Lindh and Valter Persson own 50 % each
• Aluminium strips for eternit panels as well as windowsills
• Small scale mass-production begins
• Timber merchants are the first customers

1962
• Mass-production of pipes and guttering grows
• The need for premises increases together with the
number of employees
• Plans for expansion and a new factory get underway
lindab | we simplify construction

The early learning years

1963
• New equipment and increased skills within press technology
• Pressed bends for roof drainage launched
• Rima machine is purchased for the production one-piece lengths

1964
• One-piece guttering and pipes launched
• Brackets launched
• Only supplier with a complete roof drainage programme
• New factory opens on Ängelholmsvägen
• The company is now a sheet metal industry in the true sense
lindab | we simplify construction
|

New business area and broadening
customer base
1965 - 1969
lindab | we simplify construction

New business area and broadening customer base

1965
• Ventilation added as a new business area
• The first Spiro Tubeformer is purchased for producing spiral-seam ducts
• Spiral-seam ventilation ducts are launched
• New factory strengthens quality and service
• Neatness and order becomes an increasingly important concept

1967
• Strong development of duct components
• Experience from roof drainage is important
• Range of ducts comprises 20+ dimensions
• New warehouse built
lindab | we simplify construction

New early learning years
The business area and broadening customer base

1968
• "Scandinavia's biggest manufacturer of factory-made sheet metal components"
• Seam welding improves corrosion resistance and tolerance
• Roof drainage now in Organosol coated sheet metal

1969
• Name change to Lindab and Lage Lindh becomes sole owner
• Agreement signed with key sheet metal wholesalers
• New Plåtisol launched in black, brown and grey
• Sales to tinsmiths increase rapidly
• Factory expanded and new land acquired
lindab | we simplify construction

Focus on export and efficiency
1970 - 1975
lindab | we simplify construction

Focus on export and efficiency

1970
• Agreement reached with Spiro Investment regarding export sales
• Lindab's ventilation products now sold worldwide
• First delivery to the USA in May
• Exports SEK 4.1 m of SEK 18 m total sales
• Staff welfare and production technology increase productivity

1971
• Spirovent in Denmark becomes first establishment outside Sweden
• Lindab now has 156 employees and net sales of SEK 23.8 m
lindab | we simplify construction

Focus on export and years
The early learningefficiency

1974
• Roof drainage and profiles are moved to Förslöv
• Plastisol replaces Organosol as coating for roof drainage
• Svenska Fläktfabriken launches ducts with rubber seals
• Lindab immediately launches its own development

1975
• Lindab takes over export sales from Spiro Investment
• New ventilation factory opens in Haderslev, Denmark
• Adaptation to the Eurovent standard begins
• The factories in Grevie and Förslöv are extended
lindab | we simplify construction

Strong local service and increased
customer contact
1976 - 1982
lindab | we simplify construction

Strong local service and increased customer contact

1976
• The rubber sealed LINDABsafe system is launched
• 2,000 ventilation products adapted to the new Eurovent standard
• Reorganisation of the Swedish company structure
• Sales offices open in Germany and Norway (1977)

1978
• Plåtisol is now the leading roof drainage system in Sweden
• New Plåtisol components are added to the product range
• Subsidiary formed in Germany
• The first all-in-one T-piece
• Unique technical documentation for silencers
lindab | we simplify construction

Strong local service and increased customer contact
The early learning years

1980
• Sales of Plåtisol and Lindab Safe accelerate
• Lindab acquires 40 % of VM-gruppen
• Major investment in local services and more local warehouses
• Subsidiary formed in Finland

1982
• Entire VM-gruppen acquired
• The number branches increases from 6 to 13
• Own lorry freight system launched
• Proximity to tinsmiths and installers deepens customer relations
• Subsidiary formed in the UK
lindab | we simplify construction

Product range broadened to the one
billion mark
1984 - 1989
lindab | we simplify construction

Product range broadened to the one billion mark

1984
• Lindab introduced on the Stockholm Stock Exchange's “OTC” list
• Riscanco acquired in Denmark giving a new product area – diffusers and grilles
• Operations are divided up into two business areas – ventilation
and roofing/wall systems
• Carl-Gustaf Sondén becomes the new President

1986
• Circular duct systems are now Lindab's biggest product
• Improved production technology increases quality and precision
• Haderslev and Farum extended to meet demand
• First steel partition wall stud is launched
lindab | we simplify construction

Product range broadened to the one billion mark

1988
• Lindab's sales pass the one billion kronor mark
• Lindab Steel formed and becomes the Group's steel service centre
• The highly modern new press hall in Grevie opens
• Factory expansion continues in Denmark
• Carl-Gustaf Sondén named CEO

1989
• Major investment within roofing/wall systems
• Product range grows within lightweight construction technology
• New steel studs, lightweight beams and battens are launched
• Steel halls becomes a new product area
• Factories for locally adapted production are now present in all
established markets
lindab | we simplify construction

CEE and increased internationalisation
1990 - 1994
lindab | we simplify construction

CEE and increased internationalisation

1990
• European investment in roofing/wall systems introduced
• Lage Lindh: "The Hungarians obviously need our profiles and guttering"
• Peter Andsberg recruited and given the task of establishing Lindab in Hungary
• Lindab Tile Effect Roofing, Exterior wall studs and Doors are launched

1991
• Lage Lindh sells his Lindab shares and leaves the company
• Danish institutional owners and the management form an
owner consortium
• 50 % of sales now from outside Sweden
• All air technology gathered under the product name Comfort
• Subsidiaries are formed in Hungary, Italy and Germany
lindab | we simplify construction

CEE and increased internationalisation

1992
• Biggest structural changes yet undertaken
• Swedish and Danish manufacturers and distributors acquired
• Spiro International in Switzerland acquired
• Sales in Hungary begin and factory opens
• Subsidiaries formed in USA, Poland and Czech Republic (1993)

1994
• Growth continues in CEE
• Subsidiary formed in Romania
• Quality and environmental certification work intensifies
• The roofing/wall system business area becomes Profile
lindab | we simplify construction

Increased skills and simplifying
construction
1996 - 1999
lindab | we simplify construction

Increased skills and simplifying construction

1996
• Lightweight construction technology simplifies construction and grows steadily
• Development of IT tools for project planning and quantifying begins
• Profile business area's sales in the CEE grow strongly
• Acquisitions strengthen Ventilation

1997
• IT programmes for both Profile and Ventilation launched
• Subsidiaries formed in Russia and Croatia
• Ventilation business area launched in CEE
• Lindab now present in 101 locations in 18 countries
lindab | we simplify construction

Increased skills and simplifying construction

1998
• Rainline roof drainage system with snap-lock launched
• Sales in CEE pass the half-billion kronor mark
• Lindab establishes its own IT centre for development and training
• Lindab Safe certified airtightness class D
• Sales offices open in Ukraine, Estonia and Sarajevo

1999
• Lindab CADvent, DIMcomfort and DIMsilencer launched
• Acoustic laboratory in Farum extended
• Prescribers are now an increasingly important target group
• Lindab Doorline and the RdB acoustic stud are launched
lindab | we simplify construction

Strategic acquisitions strengthen
customer values
2000 - 2004
lindab | we simplify construction

Strategic acquisitions strengthen customer values

2001
• Lindab delisted from the Stock Exchanges in Stockholm and Copenhagen
• Owners consortium Lindab Intressenter takes over
• Indoor climate company TeknoTerm acquired
• Skills and product range in the Comfort area enhanced

2002
• Reorganisation into two business areas
• Air Distribution and Rainline are designated core businesses
• Butler Europe Kft acquired
• Sales offices in Russia, Slovakia and Bulgaria
lindab | we simplify construction

Strategic acquisitions strengthen customer values

2003
• Kjell Åkesson appointed new President and CEO
• Fill the Gap profitability programme is launched
• Lindab makes its largest investment with the new
Central European factory
• "Simplifying construction", "Neatness and order" and "Down to earth"

2004
• Sales in the CEE pass one billion kronor
• Rainline is now the leader in both the Nordic region and the CEE
• Increasingly active marketing from both business areas
• Product development intensifies
lindab | we simplify construction

Focus on simplifying construction
2005 - 2008
lindab | we simplify construction

Focus on simplifying construction

2005
• Lindab acquires Astron Buildings
• Profile launches the ADT Tools design programme
• Ventilation launches the Comfort products Celo, Fusion and Facilis

2006
• Lindab shares are listed again on the Stockholm Stock Exchange
• CCL Veloduct acquired
• "We simplify construction" becomes Lindab's new company pledge
• Ventilation launches the Lindab Partnership
• Lindab's products are now available from 1,700 sales outlets
lindab | we simplify construction

Focus on simplifying construction

2007
• Lindab Safe Click launched
• The Plexus chilled beam with a 360 diffusion pattern is launched
• Ventilation factory in St. Petersburg opens
• First turf cut for the new Building Systems factory outside Moscow
• Aervent Holdings acquired giving Lindab leading position in Ireland

2008
• The Lindab RdBX partition wall stud is launched
• Facade Cassette Premium launched
• Aerodim silencer launched
• Slovak profiled sheeting and roof drainage company Sipog Group acquired
• David Brodetsky appointed President and CEO
lindab | we simplify construction

Focus on customer success
2009 - 2012
lindab | we simplify construction

Focus on customer success

2009
• Smart tools to simplify the ventilation installers working day launched
• Cy-nergy, energy module, launched by Building Systems
• New Plexus beam – 3rd generation chilled beam launched
• Lindab Life, activities for social responsibility based on the ISO 26000 standard, is
introduced

2010
• The Finnish ventilation and indoor climate company IVK-Tuote Oy acquired
• Lindab’s new factory for Building Systems opens in Yaroslavl, Russia
• MBB plenum box launched
• New strategy focusing on customer success introduced
• 64 Rainline centers opened
lindab | we simplify construction

Focus on customer success

2011
• Danish Juvenco acquired
• Belgian Airflux and its innovative 24/7 unmanned branch concept acquired
• First Lindab Flexi Shop, unmanned 24/7 branch, opened
• Think less communicating sustainability launched
• lindQST product selection tool launched
• Lindab SRP Click and Roca roof solutions launched
• French Elia Sarl ventilation distributor acquired
• Distribution network increased with 10 branches

• 40 new Rainline centers
lindab | we simplify construction

Focus on customer success

2012
• The sandwich panel manufacturing of Swedish Plannja acquired
• Majority holding of the Polish ventilation company Centrum Klima acquired
• Lindab Inside residential ventilation concept launched
• Lindab Pascal VAV solution for demand controlled ventilation launched
lindab | we simplify construction

We Simplify Construction

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The Lindab Story

  • 1. lindab | we simplify construction Our history of Simplifying Construction
  • 2. lindab | we simplify construction |
  • 3. lindab | we simplify construction
  • 4. lindab | we simplify construction
  • 5. lindab | we simplify construction The early learning years 1959 - 1964
  • 6. lindab | we simplify construction The early learning years 1959 • AB Lidhults Plåtindustri formed in Grevie on 6 February 1959 • Lage Lindh and Valter Persson own 50 % each • Aluminium strips for eternit panels as well as windowsills • Small scale mass-production begins • Timber merchants are the first customers 1962 • Mass-production of pipes and guttering grows • The need for premises increases together with the number of employees • Plans for expansion and a new factory get underway
  • 7. lindab | we simplify construction The early learning years 1963 • New equipment and increased skills within press technology • Pressed bends for roof drainage launched • Rima machine is purchased for the production one-piece lengths 1964 • One-piece guttering and pipes launched • Brackets launched • Only supplier with a complete roof drainage programme • New factory opens on Ängelholmsvägen • The company is now a sheet metal industry in the true sense
  • 8. lindab | we simplify construction | New business area and broadening customer base 1965 - 1969
  • 9. lindab | we simplify construction New business area and broadening customer base 1965 • Ventilation added as a new business area • The first Spiro Tubeformer is purchased for producing spiral-seam ducts • Spiral-seam ventilation ducts are launched • New factory strengthens quality and service • Neatness and order becomes an increasingly important concept 1967 • Strong development of duct components • Experience from roof drainage is important • Range of ducts comprises 20+ dimensions • New warehouse built
  • 10. lindab | we simplify construction New early learning years The business area and broadening customer base 1968 • "Scandinavia's biggest manufacturer of factory-made sheet metal components" • Seam welding improves corrosion resistance and tolerance • Roof drainage now in Organosol coated sheet metal 1969 • Name change to Lindab and Lage Lindh becomes sole owner • Agreement signed with key sheet metal wholesalers • New Plåtisol launched in black, brown and grey • Sales to tinsmiths increase rapidly • Factory expanded and new land acquired
  • 11. lindab | we simplify construction Focus on export and efficiency 1970 - 1975
  • 12. lindab | we simplify construction Focus on export and efficiency 1970 • Agreement reached with Spiro Investment regarding export sales • Lindab's ventilation products now sold worldwide • First delivery to the USA in May • Exports SEK 4.1 m of SEK 18 m total sales • Staff welfare and production technology increase productivity 1971 • Spirovent in Denmark becomes first establishment outside Sweden • Lindab now has 156 employees and net sales of SEK 23.8 m
  • 13. lindab | we simplify construction Focus on export and years The early learningefficiency 1974 • Roof drainage and profiles are moved to Förslöv • Plastisol replaces Organosol as coating for roof drainage • Svenska Fläktfabriken launches ducts with rubber seals • Lindab immediately launches its own development 1975 • Lindab takes over export sales from Spiro Investment • New ventilation factory opens in Haderslev, Denmark • Adaptation to the Eurovent standard begins • The factories in Grevie and Förslöv are extended
  • 14. lindab | we simplify construction Strong local service and increased customer contact 1976 - 1982
  • 15. lindab | we simplify construction Strong local service and increased customer contact 1976 • The rubber sealed LINDABsafe system is launched • 2,000 ventilation products adapted to the new Eurovent standard • Reorganisation of the Swedish company structure • Sales offices open in Germany and Norway (1977) 1978 • Plåtisol is now the leading roof drainage system in Sweden • New Plåtisol components are added to the product range • Subsidiary formed in Germany • The first all-in-one T-piece • Unique technical documentation for silencers
  • 16. lindab | we simplify construction Strong local service and increased customer contact The early learning years 1980 • Sales of Plåtisol and Lindab Safe accelerate • Lindab acquires 40 % of VM-gruppen • Major investment in local services and more local warehouses • Subsidiary formed in Finland 1982 • Entire VM-gruppen acquired • The number branches increases from 6 to 13 • Own lorry freight system launched • Proximity to tinsmiths and installers deepens customer relations • Subsidiary formed in the UK
  • 17. lindab | we simplify construction Product range broadened to the one billion mark 1984 - 1989
  • 18. lindab | we simplify construction Product range broadened to the one billion mark 1984 • Lindab introduced on the Stockholm Stock Exchange's “OTC” list • Riscanco acquired in Denmark giving a new product area – diffusers and grilles • Operations are divided up into two business areas – ventilation and roofing/wall systems • Carl-Gustaf Sondén becomes the new President 1986 • Circular duct systems are now Lindab's biggest product • Improved production technology increases quality and precision • Haderslev and Farum extended to meet demand • First steel partition wall stud is launched
  • 19. lindab | we simplify construction Product range broadened to the one billion mark 1988 • Lindab's sales pass the one billion kronor mark • Lindab Steel formed and becomes the Group's steel service centre • The highly modern new press hall in Grevie opens • Factory expansion continues in Denmark • Carl-Gustaf Sondén named CEO 1989 • Major investment within roofing/wall systems • Product range grows within lightweight construction technology • New steel studs, lightweight beams and battens are launched • Steel halls becomes a new product area • Factories for locally adapted production are now present in all established markets
  • 20. lindab | we simplify construction CEE and increased internationalisation 1990 - 1994
  • 21. lindab | we simplify construction CEE and increased internationalisation 1990 • European investment in roofing/wall systems introduced • Lage Lindh: "The Hungarians obviously need our profiles and guttering" • Peter Andsberg recruited and given the task of establishing Lindab in Hungary • Lindab Tile Effect Roofing, Exterior wall studs and Doors are launched 1991 • Lage Lindh sells his Lindab shares and leaves the company • Danish institutional owners and the management form an owner consortium • 50 % of sales now from outside Sweden • All air technology gathered under the product name Comfort • Subsidiaries are formed in Hungary, Italy and Germany
  • 22. lindab | we simplify construction CEE and increased internationalisation 1992 • Biggest structural changes yet undertaken • Swedish and Danish manufacturers and distributors acquired • Spiro International in Switzerland acquired • Sales in Hungary begin and factory opens • Subsidiaries formed in USA, Poland and Czech Republic (1993) 1994 • Growth continues in CEE • Subsidiary formed in Romania • Quality and environmental certification work intensifies • The roofing/wall system business area becomes Profile
  • 23. lindab | we simplify construction Increased skills and simplifying construction 1996 - 1999
  • 24. lindab | we simplify construction Increased skills and simplifying construction 1996 • Lightweight construction technology simplifies construction and grows steadily • Development of IT tools for project planning and quantifying begins • Profile business area's sales in the CEE grow strongly • Acquisitions strengthen Ventilation 1997 • IT programmes for both Profile and Ventilation launched • Subsidiaries formed in Russia and Croatia • Ventilation business area launched in CEE • Lindab now present in 101 locations in 18 countries
  • 25. lindab | we simplify construction Increased skills and simplifying construction 1998 • Rainline roof drainage system with snap-lock launched • Sales in CEE pass the half-billion kronor mark • Lindab establishes its own IT centre for development and training • Lindab Safe certified airtightness class D • Sales offices open in Ukraine, Estonia and Sarajevo 1999 • Lindab CADvent, DIMcomfort and DIMsilencer launched • Acoustic laboratory in Farum extended • Prescribers are now an increasingly important target group • Lindab Doorline and the RdB acoustic stud are launched
  • 26. lindab | we simplify construction Strategic acquisitions strengthen customer values 2000 - 2004
  • 27. lindab | we simplify construction Strategic acquisitions strengthen customer values 2001 • Lindab delisted from the Stock Exchanges in Stockholm and Copenhagen • Owners consortium Lindab Intressenter takes over • Indoor climate company TeknoTerm acquired • Skills and product range in the Comfort area enhanced 2002 • Reorganisation into two business areas • Air Distribution and Rainline are designated core businesses • Butler Europe Kft acquired • Sales offices in Russia, Slovakia and Bulgaria
  • 28. lindab | we simplify construction Strategic acquisitions strengthen customer values 2003 • Kjell Åkesson appointed new President and CEO • Fill the Gap profitability programme is launched • Lindab makes its largest investment with the new Central European factory • "Simplifying construction", "Neatness and order" and "Down to earth" 2004 • Sales in the CEE pass one billion kronor • Rainline is now the leader in both the Nordic region and the CEE • Increasingly active marketing from both business areas • Product development intensifies
  • 29. lindab | we simplify construction Focus on simplifying construction 2005 - 2008
  • 30. lindab | we simplify construction Focus on simplifying construction 2005 • Lindab acquires Astron Buildings • Profile launches the ADT Tools design programme • Ventilation launches the Comfort products Celo, Fusion and Facilis 2006 • Lindab shares are listed again on the Stockholm Stock Exchange • CCL Veloduct acquired • "We simplify construction" becomes Lindab's new company pledge • Ventilation launches the Lindab Partnership • Lindab's products are now available from 1,700 sales outlets
  • 31. lindab | we simplify construction Focus on simplifying construction 2007 • Lindab Safe Click launched • The Plexus chilled beam with a 360 diffusion pattern is launched • Ventilation factory in St. Petersburg opens • First turf cut for the new Building Systems factory outside Moscow • Aervent Holdings acquired giving Lindab leading position in Ireland 2008 • The Lindab RdBX partition wall stud is launched • Facade Cassette Premium launched • Aerodim silencer launched • Slovak profiled sheeting and roof drainage company Sipog Group acquired • David Brodetsky appointed President and CEO
  • 32. lindab | we simplify construction Focus on customer success 2009 - 2012
  • 33. lindab | we simplify construction Focus on customer success 2009 • Smart tools to simplify the ventilation installers working day launched • Cy-nergy, energy module, launched by Building Systems • New Plexus beam – 3rd generation chilled beam launched • Lindab Life, activities for social responsibility based on the ISO 26000 standard, is introduced 2010 • The Finnish ventilation and indoor climate company IVK-Tuote Oy acquired • Lindab’s new factory for Building Systems opens in Yaroslavl, Russia • MBB plenum box launched • New strategy focusing on customer success introduced • 64 Rainline centers opened
  • 34. lindab | we simplify construction Focus on customer success 2011 • Danish Juvenco acquired • Belgian Airflux and its innovative 24/7 unmanned branch concept acquired • First Lindab Flexi Shop, unmanned 24/7 branch, opened • Think less communicating sustainability launched • lindQST product selection tool launched • Lindab SRP Click and Roca roof solutions launched • French Elia Sarl ventilation distributor acquired • Distribution network increased with 10 branches • 40 new Rainline centers
  • 35. lindab | we simplify construction Focus on customer success 2012 • The sandwich panel manufacturing of Swedish Plannja acquired • Majority holding of the Polish ventilation company Centrum Klima acquired • Lindab Inside residential ventilation concept launched • Lindab Pascal VAV solution for demand controlled ventilation launched
  • 36. lindab | we simplify construction We Simplify Construction