Current

Cibes Lift Group is a leading manufacturer of innovative, space-saving lifts based in Gävle, Sweden. The company group specialises in high-quality ready-made lift solutions, designed for fast manufacturing and easy installation and offers a wide range of vertical passenger and goods lifts. Cibes Lift Group has local subsidiaries in Europe, North America, Asia and the Middle East.

70+

Thousand lifts installed across the world

1500+

Employees

70+

Export markets

Business Description

Founded in 1947 by Swedish lift innovator Bertil Svedberg, Cibes Lift has grown into a company group with a strong multi-brand portfolio. Today, Cibes Lift Group is one of the world’s most innovative manufacturers of space-saving lifts designed for fast and easy installation, also offering a wide range of conventional lift solutions. Thanks to the wide range of lift products and a flexible design concept, the lift solutions of Cibes Lift Group adapt to public, commercial, and private settings.

Sales, installation, and maintenance services are provided by a global network of subsidiaries and partners. The company group is headquartered in Gävle, Sweden, and has production facilities in Sweden, US and China.

Company information

CompanyCibes Lift Group
Status Current
IndustryVertical lift solutions
Nalkas ownership97%
Investment year2017
HQGävle, Sweden
Turnover 2023SEK 3,6 bn
Employees1600
Websitewww.cibeslift.com
CEOPer Lidström

Investment Rationale

Cibes Lift Group 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.