New Business Area President for Sapa Heat Transfer

Johan Menckel, has been appointed Business Area President for Sapa Heat Transfer from 1 February 2012. He will succeed Michael Mononen, who has decided to pursue new challenges outside the Sapa Group. Michael will be released from his duties as of 1 December 2011 and in the interim period all business matters concerning Sapa Heat Transfer should be directed to the CEO of Sapa, Svein Tore Holsether.

In his new role, Johan Menckel will report to Svein Tore Holsether, and continue to be a part of the Corporate Management Team.

"We are very fortunate to be able to appoint a strong internal candidate to this very key position and I know Johan will bring valuable business expertise and leadership from his previous roles within Sapa Profiles and Heat Transfer", says Svein Tore Holsether.

Johan Menckel has a Master of Science in Industrial Economics from Royal Institute of Technology in Stockholm, Sweden. After his studies he worked as a Consultant and Manager at Accenture. In 2004 he joined Sapa as Management Trainee and spent two years in Sapa Heat Transfer Finspång, responsible for Customer Value Management and as Global Key Account Manager. In 2006 he moved to Sapa Heat Transfer in Shanghai and became the MD of that operation in 2007. Since January 2010, Johan has been Business Area President Profiles Asia.

For more information please contact:
Erika Ahlqvist, VP Communications Sapa Group,
[phone] or [e-mail]
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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. The business concept is built on close cooperation with customers. 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 aprox 14,500 employees. Sapa is part of Norwegian Orkla ASA. Further information can be found on the web site: www.sapagroup.com

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