Alleima of Palm Coast, FL at COMPAMED 2022 in Düsseldorf -- MEDICA - World Forum for Medicine
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Company news

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11 Nov 2022

Alleima: Collaboration in an early stage secure long-lasting and high-quality products

Alleima, formerly Sandvik Materials Technology, a world-leading manufacturer of advanced stainless steels and special alloys, continues to strengthen its position on the medical wire market, both in the US and Europe. ”With close collaboration in the early stage of product development we can secure high-quality materials and shorten the time to market for our customers. With the acquisition of the Swiss based company Accuratech Group, in 2021, we have taken an important step to be closer to our European customers allowing us to increase our offering of value-added wire-based components,” says Jerry Blanton, Sales and Marketing Manager, and speaker at the IVAM arranged event “Europe meets USA” at Compamed 2022. 

Ultra-fine wire-based components in pacemakers, deep brain stimulation for people with Parkinson’s disease or epilepsy, in hearing aids and in continuous glucose monitors for people with diabetes. These are some areas in the medical field, where Alleima has contributed with its knowledge and products for many years. Its wire-based components are used for stimulation, sensing and transmitting signals in or outside the human body. These components must be biocompatible, and depending on the application, must offer features such as lubricity, conductivity, or fatigue resistance. These products are trademarked Exera®.   

Exera wire-based components are used in medical applications where high quality is critical, for example in pacemakers where the wires have to last hundreds of thousands of heartbeats. Or in continuous glucose monitors where the importance of accurate measurements is required to support a stable blood sugar level day in and day out. The company also offers extensive plating capabilities of wire or parts used in medical devices.   
  
To continue to strengthen their position in the medical field, Alleima acquired Accuratech Group in 2021, a niched medical wire forming and component manufacturer with two entities in Switzerland (Galvarex and Polyfil) and one in Italy (Polyflex). By the acquisition, Alleima is not just targeting the US market but also the European market with added wire-forming capabilities, semi-finished wire component manufacturing, ultra-fine tubes and electroplating services.      
  
“The medical sector is one of the defined areas for growth, and through this acquisition we strengthened our position on this market, by adding wire forming and component manufacturing capabilities. The geographical footprint of Accuratech also increased our ability to support our customers in EMEA.”, says Jerry Blanton.   
 
On Tuesday, the 15th of November at 11:15, Alleima will participate in the IVAM arranged event “Europe meets USA” at Compamed 2022.  Focus is on stimulating the collaboration between component manufacturers, device makers and users from Europe and the U.S., as well as initiating joint R&D projects and sharing experiences on the challenges of the respective markets. 
 
Alleima, is a global manufacturer of high value-added products in advanced stainless steels, special alloys as well as solutions for industrial heating. The company originates from Sandvik, who was founded 160 years ago in Sandviken, Sweden, and Alleima still has its headquarters there. 
Offering includes products like seamless steel tubes for the energy, chemical and aerospace industry, precision strip steel for white goods compressors, air conditioners and knife applications, based on more than 900 active alloy recipes.  
 
It also includes ultra-fine wires and wire-based components for medical and micro-electronic devices, industrial electric heating technology and coated strip steel for fuel cell technology for cars, trucks, and hydrogen production. For the medical industry, Alleima offers more than 200 alloys and more on request. Alleima has about 5,500 employees and customers in approximately 90 countries.   
 
When separated from Sandvik and listed on Nasdaq Stockholm in August 2022, the plan was to find a name that encapsulates the core and uniqueness of what they are doing. The name Alleima combines two cornerstones of the business – alloys (an old version of the word alloy – “alei”) and materials, linking to the heritage and future offering.   
  
Accuratech Group, was headquartered in Burgdorf, Switzerland and conducted its business through three entities; Polyfil AG, Galvarex S.A and Polyflex, with around 50 employees. After the brand change all companies have been re-named Alleima.   
  
  
Contact information  
Yvonne Edenholm, Press and Media Relations Manager, Alleima  
yvonne.edenholm@alleima.com  
Phone: +46 (0) 72 145 23 42  
 
Alleima Advance Materials  
1 Commerce Blvd.,  
Palm Coast, FL, 32164,  
United States  
Telephone: +1 386 445-2000  
Fax: +1 386 447-5113  
Website: www.alleima.com/wire  
E-mail: ms.spc@alleima.com  
  
Manufacturing sites:  
  
Alleima Tucson  
2424 East Aragon Rd  
Tucson, AZ 85756  
United States  
Telephone: +1 520 495 5927  
  
Alleima Zug  
Oberallmendstrasse 20a  
CH-6300 Zug  
Telephone  +41 41 761 63 55  
E-mail: sales@alleima.com   
  
Alleima St Imier  
Rue de Beau Site 8  
CH-2610 Saint-Imier  
Telephone  +41 32 942 39 20  
E-mail: info@alleima.com  
 
 
About Alleima  
Alleima, formerly Sandvik Materials Technology, is a global manufacturer of high value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating. Based on long-term customer partnerships and leading materials technology, we develop products for the most demanding applications and industries. Our offering includes products like seamless steel tubes for the energy, chemical and aerospace industry, precision strip steel for white goods compressor, air conditioners and knife applications, based on more than 900 active alloy recipes. It also includes ultra-fine wires for medical and micro-electronic devices, industrial electric heating technology and coated strip steel for fuel cell technology for cars, trucks, and hydrogen production. Our fully integrated value chain, from R&D to end-product, ensures industry-leading technology, quality, sustainability, and circularity. Alleima, with headquarter in Sandviken, Sweden and revenues of SEK 13.8 billion in 2021, has more than 5,500 employees and customers in approximately 90 countries. Alleima was listed on Nasdaq Stockholm on August 31, 2022 under the ticker ‘ALLEI’. Learn more at www.alleima.com 

About Business Unit Medical 
Business Unit Medical is one of three business units within Division Kanthal. Business Unit Medical manufacturs ultra-fine wire and wire-based solutions for medical devices used for example in cardiovascular and neurological sensing and stimulation devices or for diabetes care. These ultra-fine wires are also offered to non-medical devices to be used in sensors or transmitting devices. Busienss Unit Medical also offer high-quality plating capabilities for the most demanding applications in automotive and aerospace.

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16 Aug 2022

Sandvik Materials Technology will be renamed Alleima 31 August 2022

The Annual General Meeting of Sandvik resolved, in accordance with the Board of Directors’ proposal, to distribute and list Sandvik Materials Technology (SMT) on Nasdaq Stockhom August 31, 2022. SMT will be renamed Alleima at the day of listing. 

With a clear direction for our journey ahead, utilizing our position as technology leader, progressive customer partner and sustainability driver, we aim to become an even stronger and independent company within our industry as a stand alone company.

How did we decide on Alleima as our name and corporate brand?
There were several factors that were important when choosing a new name, most importantly that the name should support the brand positioning and platform and convey a story about who we are as a company and that it is differentiating from our competitors. The name also had to be available for legal protection in all our markets and work globally in different languages.

Our future name “Alleima” has been developed in parallel to the creation of our brand platform, after a thorough process and months of gathering input from stakeholders, the market, and brand analysis. Originally, we started with a list of over 300 names, which we then narrowed down in a thorough process.

The name Alleima combines two cornerstones of our business – alloys (an old version of the word alloy – “alei”) and materials, linking to our heritage and future offering. The name is very different from the names of our competitors and very different from the name “Sandvik”. This has been a conscious decision – it enables a fresh start, and the name has high differentiation potential in our industry. 

Our new logotype shows an abstract “A“, as well as an arrow that pushes another element forward, adding a notion of progressiveness and advancement – just as we want our value offering to be reflected.

When will the new name and brand be activated? 
The activation of the new name and brand towards the market will happen at the date of listing 31 August 2022. Until then, we will conduct our business unchanged as Sandvik Materials Technology. The new brand will be activated towards our customers and the global market as of listing and rebranding of facility signage, packaging materials, website, etc., will happen in a coordinated manner.

After the brand change, we will continue to offer the same high-quality and advanced products and services with the same contacts, expertise, and solutions as we do today. Any contracts and orders that formally exist will still be valid even though the name of the legal entity changes. Everything is new, nothing has changed.

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