Go to deals
Construction & Engineering Services

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.

Parties

Talk to the deal team

Adel Koubaa

Managing Partner
Stockholm, Sweden
Oaklins Sweden

Thomas Jungreithmeir

Managing Partner
Vienna, Austria
Oaklins Austria

Related deals

HC Partners has successfully secured debt financing for the acquisition of West Friesland Dakbedekkingen
Private Equity | Construction & Engineering Services

HC Partners has successfully secured debt financing for the acquisition of West Friesland Dakbedekkingen

Dutch private equity firm HC Partners has formed a strategic partnership with West Friesland Dakbedekkingen B.V. (WFD). This marks HC Partners’ entry into the roofing sector, with plans to build a national platform of regional roofing specialists.

Learn more
ARES International AG has conducted a valuation
Construction & Engineering Services

ARES International AG has conducted a valuation

ARES International has performed a valuation to determine the Austrian foundation entry tax, as both founders are Austrian taxpayers.

Learn more
RC Fornax plc has completed a successful AIM admission and fundraising
Construction & Engineering Services

RC Fornax plc has completed a successful AIM admission and fundraising

RC Fornax plc has completed its AIM admission and fundraising. As a UK-based, veteran-founded engineering consultancy providing critical solutions to the defense sector, RC Fornax’s successful AIM admission and US$7.7 million (£6.15 million) fundraising represent a significant milestone in its growth.

Learn more