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Sapa Profiles optimises European operational structure

The restructuring proposal intends to ensure the long term competitiveness of Sapa Profiles, with a strategic focus on high value products for its customers.

As previously communicated, a review of Sapa Profiles’ European business has been conducted to optimise the company’s long-term operational structure. Following a careful analysis, Sapa Profiles’ management has today informed its employees and their representatives in Belgium, the Netherlands and Portugal of its intention to consolidate the capacity in these countries.

Following its announcement, Sapa is starting a consultation process with competent employee representatives.

The restructuring proposal intends to ensure the long term competitiveness of Sapa Profiles, with a strategic focus on high value products for its customers.

Tim Stubbs, President and CEO of Sapa Group, comments: “Although we are convinced that these measures are necessary in order to ensure the successful future of our company, we are also aware of the impact that these announcements will have on our employees.  We are fully committed to continue to engage constructively with employees and their representatives regarding these proposals.”

About Sapa Group
Sapa is the largest aluminium profiles producer in the world. The Sapa Group develops, manufactures and markets value-added profiles, profile-based building systems and heat exchanger solutions in the light-weight material aluminium. Sapa is divided in the business areas Sapa Profiles, Sapa Building System and Sapa Heat Transfer and is represented in Europe, North America and Asia. Sapa is the leading company in its field of operation and have customers in the building, transport, engineering, telecom and home and office industry. The Sapa Group has combined net sales of 33,000 MSEK and approximately 14,800 employees. Sapa is part of Norwegian Orkla ASA. Further information can be found on the web site: www.sapagroup.com