Cibes Lift Group has announced the acquisition of HomeLift LLC, a Nashville-based distributor specializing in vertical platform lifts for residential customers. This acquisition marks another step in Cibes’ ongoing expansion within the US market. The addition of HomeLift LLC is Cibes’ sixth acquisition in the US.

HomeLift LLC is a well-established distributor in the vertical platform lift segment, headquartered in Nashville, Tennessee. Founded in 1986, the company has built a solid reputation for delivering high-quality lift solutions to residential customers throughout Tennessee. With a team of 30 employees, HomeLift LLC is set to enhance Cibes’ capabilities and reach in the US market.

“We are excited to welcome this experienced Nashville-based team into the Cibes family. This acquisition not only strengthens our market presence but also allows us to better serve our customers with an expanded range of innovative solutions and services,” says Per Lidström, CEO of Cibes Lift Group.

Following the completion of the acquisition, HomeLift will continue to operate under its brand name, ensuring that customers will experience the same level of service and quality they have come to expect. The company’s strategic location in Nashville, a major hub in Tennessee, further complements Cibes’ existing presence and growth strategy in the US. Current Owner and CEO, Rich Eller, will remain with the business as Managing Director.

“We are excited about joining forces with Cibes Lift Group. This partnership not only secures a bright future for our employees but also opens numerous opportunities for growth and innovation within the elevator industry. By integrating with Cibes Lift Group, we can leverage their extensive product portfolio and expertise, which will significantly enhance our ability to deliver superior lift solutions to our customers,” says Rich Eller, current Owner, and CEO of HomeLift LLC.

The acquisition is expected to be completed by the end of the third quarter of 2024.

For media inquiries or further information, please contact:

Per Lidström, CEO & President of Cibes Lift Group, +46 26 17 14 00
Michael Graff, VP Sales Americas Cibes Lift Group 770-815-6503

About Cibes Lift Group:

Cibes Lift Group is one of the world’s most innovative manufacturers of space-saving lifts designed for fast and easy installation, also offering a wide range of conventional lift solutions. Thanks to the wide range of lift products and a flexible design concept, the lift solutions of Cibes Lift Group adapt to the requirements of public, commercial, and private settings. Sales, installation, and maintenance services are provided by a global network of subsidiaries and partners. The company group is headquartered in Gävle, Sweden, and has production facilities in Sweden, Poland, China, and USA. In 2023 the Group had approximately 1600 employees and a revenue of 3,6 billion SEK.

www.cibesliftgroup.com
www.cibessymmetry.com
www.homelift.com