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Buyer for electrical and mechanical elevator parts manufacturer

Company to buy

  • Size: small business
  • Revenue: preferably around 2M EUR
  • Location of the target: Europe, preferably Hungary and surrounding countries
  • Reason for acquisition: The management of the buyer wants to expand and establish a facility for wires and assemblies
  • #CFIE TSC139

Overview of this buyer for elevator parts manufacturer in Europe

The management of a leading manufacturer of elevator parts wishes to open or acquire a center for manufacturing of wires and electrical assemblies in Europe. Therefore, they are looking on the market for suiting companies, with the help of local M&A advisor. The target ideally should have revenue exceeding 1M EUR, the management of the buyer is ready to finance acquisitions of a size around 2M EUR.

Profile (strategy) of this buyer for elevator parts manufacturer  

The buyer company is a large, leading company, established approximately 50 years ago. Since its establishment, it has grown up to be a group of similarly oriented companies. The buyer is operating in the lift production and installation industry.

Specifically, the main business of this buyer is Slift solutions design and its modernization. The company is able to install their lifts into almost any existing building. The company is also able to create custom Elevators solutions or perform a modernization of existing elevator solution.

The company is able to manufacture the electrical and mechanical products for elevators on its own. Currently, the group already owns multiple manufacturing sites in Europe, but they are looking to acquire more. The company besides manufacturing also deals with components distribution. The buyer is also able to provide top quality technical consultations to its clients.

The buyer is innovative and has patented many of their products. The quality is proven by certifications of the system according to the ISO 9001 and 14001 standards.

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Activities and products of the ideal target of this buyer

Due to the company’s continuous success, the management is looking for a further growth, mainly externally by acquisitions. That is why the company is looking at options in Europe which could suit its development plans. 

The buyer is looking for a target company, working in the same sector as the buyer – in the manufacturing of electrical and mechanical lift parts.

The buyer has funds available for the acquisition, the target should be a small-sized company with revenue at 2M EUR, preferably in a growing trend.  The company should be financially stable, strong in the regional market, and have good references. The company should generate positive EBITDA.

The buyer is open to any country in Europe, preferably the company should be from the European Union. The buyer was already looking at Hungary as a potentially good country for acquisition.

Highlights of this buyer for elevator parts manufacturer in Europe

  • The buyer is a successful lift manufacturer with plans to acquire a manufacturing facility 
  • The buyer already has multiple locations in Europe
  • The buyer is able to bring synergies to the target and involve it in a larger group of companies

Information about the buyer for elevator parts manufacturer in Europe 

Feel free to contact us for more information regarding this elevator products manufacturer buyer or if you know possible suited targets. For more buyers of companies please visit the section companies wanted. We can help you with an active search for companies for sale. For companies for sale visit the section companies for sale.


Note: CFIE only works with formal companies. We do get a lot of requests and it is difficult to follow up on all inquiries from visitors to our website. For each company, we assess the likelihood of a future transaction. We only get back to you if we see a realistic opportunity to do a future acquisition or business sale. In order to increase your chances of receiving a reply as an individual, please explain as much as possible about your personal background, strategy and fit with the target. There is also a possibility that your details will be kept on file and we will get back to you once there is an opportunity to do a transaction. CFIE can’t guarantee you will receive an answer to your request.