Elevator World

Cibes Lift Group Acquires U.K.'s Titan Elevators


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CIBES LIFT GROUP ACQUIRES U.K.'S TITAN ELEVATORS
Gävle, Sweden-based Cibes Lift Group has acquired Titan Elevators of Sidcup, U.K., Global Legal Chronicle reported on December 15. The move is to strengthen Cibes' presence in the London area and mark an expansion of its U.K. business by adding modernization services and high-speed lifts to its offerings. Titan Elevators services include lift installation, repair, modernization and maintenance, but the company also offers bespoke and standardized lifts for various applications. Since its founding in 1997, Titan Elevators has experienced a growing customer base in the London and Home County areas. A specialty is the company's custom solutions in the luxury segment of the high-speed lift market. Cibes Lift Group is one of the world’s largest manufacturers of space-efficient lifts for both home and business use.
Image credit: courtesy of Titan Elevators
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