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PRESS RELEASE / April 23. 2024

EMEA Realignment Strategy: Draka EHC Baesweiler, Germany Facility Closure
April 23, 2024 by
PRESS RELEASE / April 23. 2024
LOOP - Handlauf Vulkanisierung GmbH, Richard Cardinaal

The Europe, Middle East & Africa (EMEA) region represents a significant and strategic growth opportunity for Draka EHC. To achieve its strategic goals and performance objectives, Draka EHC will continue to focus on expansion, leveraging strengths and process / resource optimization.

As part of a regional realignment strategy, effective late June 2024, Draka EHC will close its facility in Baesweiler, Germany – discontinuing handrail production operations, shifting supply and endless factory handrail splicing to our distribution center in Italy. Field services will be transferred to local and surrounding authorized distribution partners and facilities. Draka EHC remains committed to growing its handrail business in EMEA and will continue to focus efforts on innovation, and cross-promotion of core industry solutions.

All personnel directly impacted by this decision were consulted throughout the process. Draka EHC recognizes the value of all its employees, offering its support and assistance locating new job opportunities within the Prysmian organization for those willing to relocate.

Draka EHC is confident these measures are in direct service of achieving our short- and long-term goals and objectives.

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