CIBES ACQUIRES 100% OF FRENCH PARTNER ARATAL ATTRACTIVE MOBILITY
In October 2018, Cibes Lift France acquired 45% of the shares in French partner Aratal Attractive Mobility. Now Cibes Lift France acquires the remaining shares of the company to further strengthen its market position in southern France.
Over the past few years, Cibes Lift Group has experienced strong growth globally, especially in the home lift segment. Today, France is one of the key European markets for Cibes Lift Group.
“Strengthening our presence in France will bring us closer to our customers and enable us to offer even more efficient and proactive customer support, tailored to the needs of each market segment. We are really looking forward to developing the business further together with all our team members”, says Clement Rabahi, Managing Director Cibes Lift France.
Aratal Attractive Mobility has since its start, established itself as one of the key players of accessibility products in France, with a large knowledge of Cibes product portfolio. Aratal Attractive Mobility offers lift solutions in 3 segments: public and commercial buildings and for private customers, with significant growth potential in particular within the private segment.
“We are delighted that Aratal has agreed to become a full member of the Cibes Lift France. Our partnership has grown closer over the years and France is a key market for us. To acquire full ownership of Aratal, is an important step to further strengthen our position in France”, says Per Lidström CEO & President Cibes Lift Group.
Aratal Attractive Mobility has around 27 employees and is based in Macon. Cibes Lift France acquired full ownership of Aratal Attractive Mobility on the 1st of July 2022. Current company majority owner and CEO Nicolas Rampon will remain as consultant during a transition period.
For more information, please contact: Clement Rabahi, Managing director Cibes Lift France, +33 776 777 005 or Per Lidström, CEO & President of Cibes Lift Group, +46 26 17 14 00 or visit www.cibesliftgroup.com and www.aratal-professionnels.fr/