Cibes Lift Group Announces Fourth U.S. Acquisition

Sweden-based Cibes Lift Group has acquired Area Access Inc., a distributor of vertical lifts headquartered in Virginia, expanding its presence in the U.S. and strengthening its capacity to deliver innovative solutions to customers across the country. This marks Cibes’ fourth U.S. addition, and it is planned to be completed during the first quarter of 2024. Following the completion of the transaction, Area Access will be a wholly owned subsidiary of Cibes Lift Group but will maintain its strong brand, ensuring continuity and familiarity for its customers. The business will be run by Managing Director Kenneth Hardee, who has been with the company since 1998. Scott Hobson, current owner and CEO of Area Access, will leave the business but will support Hardee and the business during the transition process. With a workforce of 56 employees spread across Richmond, Norfolk and Manassas, Area Access delivers residential elevators, maintenance and service in the American Mid-Atlantic. Since its founding in 1983, Area Access has established a position as a key player and trusted partner in the industry. Among many other notable projects, Area Access has delivered solutions for the four latest Presidential inaugural stands.