Cibes Lift Group acquires UPPLANDS HISS
Cibes Lift Group acquires Upplands hiss, a company characterized by high quality and broad expertise in service, repair and modernization. As part of their offer, they are also active in new installation of both hydraulic lifts, platform lifts and cable lifts. The acquisition strengthens Cibes’ position in the Uppland region and the northern Stockholm area.
Upplands hiss was founded in 2016 by Magnus Andersson and Peter Eriksson. Mainly, they specialize in service, repair, modernization and new installations of conventional lifts and space-smart platform lifts. At present, they install about 40 new lifts per year.
“We continue in line with our growth strategy and are now strengthening Cibes’ portfolio with another stable and profitable company with high development potential,” says Per Lidström, CEO of Cibes Lift Group. “The lift industry is characterized by attractive combinations of new installation, modernization and ongoing maintenance and service, which makes Upplands hiss a strategically important complement for us. It is a well-run company with a strong position in the Uppland’s region and they contribute with diverse knowledge in modernization and platform lifts. Cibes will continue to work for expansions in lift service, both organically and through acquisitions, and it is with great enthusiasm that I welcome Upplands hiss to Cibes Lift Group.”
Upplands hiss has its office in Uppsala, about 10 employees and service assignments for approximately 300 lifts. They will also become a wholly owned company within Cibes Lift Group and all employees will remain employed.
“Good service, modernization and the aftermarket are directly crucial to ensure continued good growth in Sweden and Uppsala is a very important region for us. Through the acquisition, we can now continue to offer our customers first-class service and support in more areas. In addition, we are also strengthening our position in the Stockholm area,” says Susanne Höbenreich, Acting MD/Sales & Marketing Director for Cibes Kalea Sverige AB.
For more information please contact: Per Lidström, CEO Cibes Lift Group, +46 26 17 14 00 or visit www.upplandshiss.se.
Cibes Lift Group is Europe’s leading manufacturer of vertical platform lifts and is known for Swedish quality and design. The products can be tailored for both public and private environments. Sales, assembly and service are handled by the company’s global network of subsidiaries and partners. Cibes has its headquarters in Gävle, 930 employees, distribution in 50 countries and subsidiaries in 17 countries. In 2020, the company’s sales amounted to approximately SEK 1,4 billion.