News Arbonia increases competitiveness of its HVAC Division by consolidating production of steel panel radiators Arbon, 28 of November 2018 – To focus its expertise on competence centres and to further increase its competitiveness, the Heating, Ventilation and Air Conditioning (HVAC) Division is consolidating its steel panel radiator production at its highly automated production sites. This is intended to increase the capacity utilisation and productivity of the other production sites and further concentrate its specialist knowledge. The HVAC Division is planning to consolidate the production capacities of the Belgian Vasco location Zedelgem by the end of 2019 at the highly-automated production plants in Tubbergen (NL) and Plattling (D). The concentration of competences and volumes along the entire value-added chain from R&D via production up to logistics will allow the division to further sustainably increase its competitiveness in the traditional radiator sector. The planned production relocation and the resulting closing of the production plant could result in the cut back of 80 jobs at the Zedelgem (BL) location. To implement this measure, meetings will be held with the concerned employee representatives to discuss measures including the preparation of a social plan, as well as effective support options for the concerned employees. This planned relocation of the production capacity will not affect or change the market handling by the HVAC Division. It will remain present on the market with the established brands Kermi, Arbonia, Sabiana, Prolux, Tecna, Vasco, Superia and Brugman. The customers of Superia in particular will continue to receive the attractive product portfolio at optimal quality and the standard delivery times, which will be ensured by the implementation of a comprehensive logistics project with a centralised logistics hub. Contact Fabienne Zürcher Head of Corporate Communications Arbonia AG +41 71 447 45 54 fabienne.zuercher@arbonia.com Patrick Nijs CEO Vasco Group NV +32 89 79 04 11 patrick.nijs@vasco.eu You can find this release and other information about Arbonia on our website www.arbonia.com, www.vascogroup.eu and superia.be. Arbonia is a focused building supplier that is listed on the SIX Swiss Exchange and has its headquarters in Arbon, in the canton of Thurgau (Switzerland). The group is active worldwide with its own distribution companies as well as offices and partners in more than 70 countries. Its main production sites are located in Switzerland, Germany, the Czech Republic, Poland, Slovakia, Italy, Belgium and the Netherlands. A total of around 8,200 employees work for Arbonia Group. The divisions that make up Arbonia are active in the following sectors: heating technology, air-conditioning and ventilation technology, sanitary equipment, windows, as well as exterior and interior doors. Copyright Vasco Group 2021 • DOP (Declaration of Performance)General terms and conditions Legal Notice Privacy Policy