Current

Cibes Lift Group is a leading manufacturer of platform lifts based in Gävle, Sweden. Cibes’ product portfolio offers a wide range of vertical platform lifts, cabin lifts and stair lifts. All lift solutions are ready-made and delivered in manageable size packages in order to fast track logistics and installation. In addition, Cibes products have a long life-cycle and low operating costs. Over the past years, the group has expanded geographically and now has local subsidiaries in countries across Europe, Asia and the Middle East.

40+

Thousand lifts installed across the world

385+

Employees

50+

Export markets

Business Description

The foundation of Cibes Lift dates from 1947, when Swedish lift innovator Mr Bertil Svedberg started a manufacturing company for goods lifts. In 2012 production and HQ was moved to the current factory in Gävle, 200km north of Stockholm. Today, all of Cibes’ lifts are designed and manufactured in Gävle, and sold in more than 70 countries via a worldwide distribution network and local Cibes offices.

Over the years, Cibes Lift has manufactured and sold close to 40 000 lifts across the globe. Today, these lifts are used by millions of people. Cibes Lift is one of the founding members of EPSA (European Platform and Stairlift Association) working for coherence between EU standards and national legislation. Cibes Lift is also member of the Technical Committees TC10/WG8 and TC10/WG13, dedicated to develop existing and coming EU standards for low-speed lifts.

Company information

Company Cibes
Status Current
Industry Platform Lifts
Nalkas ownership 97%
Investment year 2017
HQ Gävle, Sweden
Turnover 2017 SEK 800 m
Employees 385
Website www.cibeslift.com
CEO Mats Engblom

Investment Rationale

Cibes provides an attractive customer offering simplifying the everyday life of its customers. The company is a leading player in a fragmented market which is driven by fundamental underlying trends such as a growing and ageing population and an increasing need for cost efficient accessibility solutions. Further, the company has a broad geographical reach with sales across the world either through own local subsidiaries or through a global network of distribution partners.