Alimak Acquires Texas-Based Industrial Elevator Business

Alimak Group, the global provider of vertical-access and working-at-height solutions headquartered in Sweden, on July 8 announced plans to acquire the permanent industrial elevator business of Century Elevators Inc., based in the Houston, Texas, area. Owned by BrandSafway since 2019, Century has established itself as a leading supplier of industrial rack-and-pinion elevators throughout North America since it began in 2009. The company has two divisions: one rental and another that sells and services permanently installed rack-and-pinion elevators. Alimak is acquiring the latter, which has an annual turnover of approximately US$9.7 million. With the acquisition, Alimak gains a team of skilled professionals and a strengthened market presence in the U.S.