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Industrial Machinery & Components

The business of Otis Ireland has been acquired by Fain Ascensores

The business of Otis Ireland has been sold to Fain Ascensores.

Otis is the world’s leading elevator and escalator manufacturing, installation and service company. In Ireland, the Otis’ business consisted of Otis, Liffey Lifts, West of Ireland Lifts and Irish Lift Services.

Fain Ascensores is a leading Spanish lift services company with over 900 employees and operations in Spain, France, Belgium and Switzerland.

Oaklins’ team in Ireland acted as advisor to Otis in this transaction.

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M&A sell-side
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 Raymond  Donegan

Raymond Donegan

Managing Director
Dublin, Ireland
Oaklins IBI

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