Nalka portfolio company Cibes Lift Group has signed an agreement to acquire US based Access Elevator, a company specialized in accessibility solutions for residential customers. The acquisition, also including Access Elevator’s subsidiaries, expands Cibes Lift Group’s US presence to the states of New York and Pennsylvania.
Access Elevator is a distributor of elevator and lift solutions, with headquarters and office in Jamestown, New York, and additional offices in Rochester, Pittsburgh and Syracuse. Founded in 1969, Access Elevator has a long and solid track record of delivering high-quality lift solutions to residential customers throughout all of New York State and Western Pennsylvania. This is the seventh acquisition by Cibes Lift Group in the North American market.
“We are pleased to welcome Access Elevator into the Cibes family. This acquisition gives us a strong position in two strategically important states and widens our range of lift solutions and services to the benefit of our customers. Together, we will continue to build a successful and healthy business,” says Per Lidström, CEO, Cibes Lift Group
The acquisition is expected to be completed during Q1, 2025.