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- Title
Acquisitions and Investments.
- Abstract
Savaria Corp., a Canadian company, has acquired the dumbwaiter and material lift assets of D.A. Matot, Inc., a leading North American supplier of lifts used for the movement of goods. The acquisition will ensure continued quality and growth for Matot's customers. Cibes Lift Group, a Swedish company, has acquired Area Access Inc., a distributor of vertical lifts in the U.S., to expand its presence in the country and deliver innovative solutions to customers. Italy's Prysmian Group has announced a $4.15 billion deal to acquire U.S. firm Encore Wire, which will make Prysmian more relevant in North America. Cambridge Elevating, a Canadian provider of residential elevator solutions, has announced a change in ownership with its senior leadership team taking over.
- Subjects
SALE of business enterprises; BUSINESS consultants; INAUGURATION of presidents; CONSUMERS
- Publication
Elevator World, 2024, Vol 72, Issue 6, p26
- ISSN
0013-6158
- Publication type
Article