SOURCE: IBM

October 08, 2007 11:29 ET

IBM and Orkla's Daughter Sapa in 500 Million Kroner Deal

OSLO, NORWAY--(Marketwire - October 8, 2007) - IBM (NYSE: IBM) has signed a comprehensive information technology (IT) services agreement providing IT services to Sapa Profiles, the world's largest aluminium profile company, and a joint venture between Alcoa and Orkla's subsidiary Sapa.

Under the seven-year agreement, IBM will provide infrastructure services and application maintenance services for about 2,500 users in Sapa Profiles, using IBM's Nordic and global delivery capabilities.

The main focus of the contract is on cost reduction through an improved price-to-performance ratio to reduce costs while improving service quality, and on flexibility in scope when integrating or divesting companies in the future.

After the joint venture was established in June 2007, a new infrastructure had to be established for Sapa Profiles' operations in the Americas and Europe. Countries currently involved are USA and Mexico in the Americas, and Spain, UK, Italy, Hungary, Romania, and the Netherlands in Europe.

"Sapa and the Orkla Group are in a prime position to take advantage of IBM's extensive portfolio of products, solutions and services and tailor them to fit their specific business needs," said Morten Thorkildsen, General Manager of IBM Norway. "We are looking forward to helping Sapa and Orkla realize their ambitions," he says.

"This is an important agreement for Sapa. We are on the way to establishing a common infrastructure taking care of the needs of the joined units from Alcoa and Sapa," says Espen Falla, Director of Sapa Shared Services.

The deal was signed in Oslo on October 4, 2007.

About Sapa:

Sapa Profiles is the world's leading supplier within extrusion and value-added manufacturing of aluminium profiles. The form and functionality of profiles can be varied for use in a virtually unlimited number of applications. Sapa Profiles is a joint venture of Orkla and Alcoa, and part of Orkla's Sapa Group. See http://www.sapagroup.com/

About Alcoa:

Alcoa is the world's leading producer and manager of primary aluminium, fabricated aluminium and alumina facilities, and is active in all major aspects of the industry. See http://www.alcoa.com/

In June 2007, the two companies announced the creation of their soft-alloy extrusion joint venture, with Orkla as the majority share holder. The business will operate under the name Sapa Profiles. The joint venture involves the contribution of Alcoa's soft-alloy extrusion business, and forms the world's largest aluminium profile company.

About Orkla ASA:

The Orkla Group is the leading supplier of branded consumer goods to the Nordic grocery market, and operates in the branded consumer goods, aluminium products, materials, renewable energy and financial investment sectors. See http://www.orkla.com

About IBM:

For more information, visit www.ibm.com.

Contact Information

  • Contacts:
    Sapa Shared Services:
    Espen Falla
    Director
    mobile +47 90 21 222

    IBM Norway:
    Per Vassbotn
    Communications Manager
    mobile +47 930 67 601

    IBM Corporation:
    Media Relations
    Jenna Gable
    (917) 472-3512
    gablej@us.ibm.com