Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Finnish Amslift to be acquired by Cibes Lift Group
November 13, 2018

Amslift, established jointly by Juha Kiviranta and Paavo Lammela, will become a part of the Swedish Cibes Lift Group through its subsidiary Cibes Hissit Oy. Amslift installs elevators, car- and goods lifts. In the acquisition, Kiviranna becomes the CEO of both companies. In 2017, Amslift had 13 FTEs and reported a turnover of EUR 4.4m with EBIT of EUR 55,000.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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