Sdiptech AB has acquired a 51% stake in ST Liftsystems & Aufzüge Friedl
Sdiptech AB has acquired a 51% stake in ST Lift Systems GmbH and Aufzüge Friedl GmbH with an option to acquire the remaining 49% of both companies. Financial details have not been disclosed.
Sdiptech is a Swedish listed technology group focused on urban infrastructures. It provides deeply niched products and services in the modernization, new installation, and service and maintenance of hospitals, traffic systems, water supply systems and data centers. The company operates in mature markets and is driven by sustained underlying growth trends. Sdiptech has a clear growth strategy of acquiring niche companies with well-documented profitability, and an operational steering model of acquired companies based on decentralization and non-invasive synergies.
ST Liftsystems manufactures compactly designed elevators to fit in narrow spaces, with installment in both existing properties as well as in new buildings. Aufzüge Friedl is active in the installation and servicing of elevators in Vienna and nearby areas. Both companies are based in Austria.
Oaklins' team in Sweden acted as the exclusive M&A advisor to the buyer in this transaction. The team in Austria identified the targets and supported the negotiations throughout the process. This is another example of the strength of Oaklins' teams working together.
Talk to the deal team
Hangingstone Ventures has been acquired by Infracon Construction
The shareholders of Hangingstone Ventures Ltd. (HSV) have sold the company to Infracon Construction Inc.Learn more
Argosy Private Equity has acquired Vac2Go
Argosy Private Equity has acquired Vac2Go.Learn more
Cleanroom Combination Group has been acquired by Craft Capital
Cleanroom Combination Group (CCG), a Netherlands-based leading player in the design, construction and maintenance of high-quality cleanrooms, has been acquired (majority) by Craft Capital, a Netherlands-based private equity firm. By joining forces, CCG will accelerate growth in the market of cleanrooms.Learn more