Cibes Lift Group Expands to New York and Pennsylvania with New Acquisition
Cibes Lift Group has signed an agreement to acquire Access Elevator, a company specialized in accessibility solutions for residential customers, headquartered in Jamestown, NY. The acquisition also includes Access Elevator’s subsidiaries and expands Cibes Lift Group’s presence to the states of New York and Pennsylvania. This is the seventh acquisition by Cibes Lift Group in the US and strengthens its position in the North American market.
Access Elevator is a well-established distributor of elevator and lift solutions, with headquarters and office in Jamestown, New York, and additional offices in Rochester, Pittsburgh and Syracuse. Founded as early as in 1969, the company 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. Counting a total of 30 employees, this acquisition strengthens the position of Cibes Lift Group in the US 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 of Cibes Lift Group.
Once the acquisition is finalized, Access Elevator and its subsidiaries Syracuse Elevator and Access Lifts will keep operating under their respective brand names, ensuring that customers get the same level of service and quality they are accustomed to. The current owner, Sean Fenton, will remain in the company as Managing Director.
“This has been a family-owned business for two generations now and while we have been very successful, joining forces with Cibes Lift Group is the right next step for us. We are now part of a big and strong family that will secure a bright future for our employees and offer us great opportunities for growth and innovation within the elevator industry,” says Sean Fenton, current owner and President of Access Elevator.
The acquisition is expected to be completed at the beginning of February 2025.
For media inquiries or further information, please contact:
Per Lidström, CEO & President of Cibes Lift Group, +46 26 17 14 00
Michael Graff, VP Sales Americas Cibes Lift Group 770-815-6503
About Cibes Lift Group:
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 the requirements of 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, Poland, China, and USA. In 2023 the Group had approximately 1600 employees and a revenue of 3,6 billion SEK.
www.cibesliftgroup.com
www.cibessymmetry.com
www.accesselevator.com
www.syracuseelevator.com
www.accessliftsandramps.com