Following the announcement of the creation of ImphyTek PowdersTM SAS in November 2019 at Formnext Fair in Frankfurt, Aperam and Tekna are now structuring the new company. Aperam and Tekna have jointly submitted their notification of ImphyTek PowdersTM SAS to the EU Commission and are pleased to nominate Ellen Brooke as CEO of the new company.

3 February 2020 - After pre-notification discussions and short form CO filing, Aperam and Tekna are in the process of obtaining the European Commission clearance to create a full function joint venture combining their expertise in Nickel and Specialty Alloy spherical powders for advanced additive manufacturing technologies.  Upon EU Commission clearance, the new company, ImphyTek PowdersTM SAS will be based in France and market the jointly developed high quality spherical metal powders to meet the growing needs of additive manufacturing and metal injection molding in all industrial segments and therefore serve the most demanding local and global customer specifications.

Aperam and Tekna are also pleased to nominate Ellen Brooke as CEO of ImphyTek PowdersTM SAS. Ellen Brooke holds a Bachelor of Law from Hull University (UK). She is a senior executive and has demonstrated strong capabilities in achieving revenue and business growth objectives within multiple environments, both in Europe and South America. She has extensive experience in sales and manufacturing, with a deep understanding of critical business drivers in multiple markets and industries.

About Aperam
Aperam is a global player in stainless, electrical and specialty steel, with customers in over 40 countries. The business is organised in three primary operating segments: Stainless & Electrical Steel, Services & Solutions and Alloys & Specialties.

Aperam has 2.5 million tonnes of flat Stainless and Electrical steel capacity in Brazil and Europe and is a leader in high value specialty products. Aperam has a highly integrated distribution, processing and services network and a unique capability to produce stainless and specialty from low cost biomass (charcoal). Its industrial network is spread in six production facilities located in Brazil, Belgium and France.

In 2018, Aperam had sales of EUR 4,677 million and steel shipments of 1.97 million tonnes.

For further information, please refer to our website at www.aperam.com.

About Tekna
TEKNA (www.tekna.com) is a subsidiary of Arendals Fossekompani ASA (AFK.OL) with its headquarters located in Sherbrooke, Canada. The company operates manufacturing centers in Canada and France, as well as sales and distribution offices in China, India, and South Korea.

As a leader in the advanced materials industry, TEKNA develops and produces high-purity metal powders for applications such as 3D printing and microelectronics, as well as optimized induction plasma systems for industrial research and production. Building on 30 years of delivering excellence, TEKNA is a global player recognized for its quality products and its commitment to a multinational base of clients, who are leaders in their respective markets.

Aperam / Corporate Communications / Laurent Beauloye: +352 27 36 27 103
Aperam / Investor Relations / Thorsten Zimmermann: +352 27 36 67 304
Tekna / Media Contact / Rémy Pontone: +33 6 70 05 97 95 / remy.pontone@tekna.com
Tekna / Investor Relations / Morten Henriksen: +47 91 62 88 71 / morten.henriksen@arendalsfoss.no