CIBES AMSLIFT OY – NEW MAJOR PLAYER ON THE FINNISH LIFT MARKET
Cibes Hissit OY and Amslift OY merge to become one of the biggest lift companies in Finland. The two companies have been working closely together ever since Cibes Lift Group acquired Amslift in 2018, but the merger will take joint operations to the next level.
The new company Cibes Amslift Oy will be based in Turku, but there will also be offices in Hyvinkää, Vaasa and Outokumpu as well as a distribution partner in Oulu. The new company will achieve a turnover of approximately 11 million €, making it one of the biggest lift companies in Finland.
“Together, we are already the fastest growing lift company on the market and this merger will make us one of the major lift suppliers in Finland. We offer Finland’s widest range of lift solutions and have strategically placed offices to serve the whole country,” says company CEO Juha Kiviranta.
While Amslift provides conventional passenger lifts for new and existing buildings as well as cargo lifts, car lifts and hospital lifts, Cibes specialises in space-saving, modular platform and cabin lifts, stairlifts and chairlifts.
“Our product ranges complement each other perfectly. Together, we provide the most complete product portfolio in Finland, which will enable us to become the preferred lift supplier for major building projects”, Juha Kiviranta continues.
Given that Cibes and Amslift are the market leaders of their respective fields in Finland, the new company will continue to market both brands.
“We expect a strong growth on the Finnish lift market within the next few years, so it is a privilege to work with two such strong and well-established brands. I am really looking forward to take our new company to the next level”, Juha Kiviranta concludes.
The merger between Cibes Hissit and Amslift is official from the 8th of June 2020 but takes effect on January 1st 2021.