Mitsubishi Electric Acquires Ireland’s Ascension Lifts

Through Stockholm, Sweden-based subsidiary Motum AB, Mitsubishi Electric Corp. acquired Dublin, Ireland-headquartered Ascension Lifts, Mitsubishi Electric announced on April 30. Mitsubishi Electric and its Tokyo-based subsidiary, Mitsubishi Electric Building Solutions Corp., are expanding their worldwide presence in elevator maintenance and renewal, which is expected to enjoy growing demand in the building systems sector — one of Mitsubishi Electric’s priority growth areas. In the mature European market, demand for maintenance and renewal is expected to grow against a backdrop of aging elevators and escalators and heightened environmental awareness. In response, the two companies plan to create an operational structure capable of accelerating delivery and value to customers. Operating in the Irish market for many years, Ascension Lifts boasts a strong customer network, maintenance stock and outstanding technical capabilities for multi-brand maintenance and renewal.

Get more of Elevator World. Sign up for our free e-newsletter.

Please enter a valid email address.
Something went wrong. Please check your entries and try again.

BOY DIES IN “OLD AND POORLY MAINTAINED” ELEVATOR IN INDIA

Boy Dies in “Old and Poorly Maintained” Elevator in India

Cho Jae-cheon, CEO of Hyundai Elevator, left, and Yoon Jeong-il, head of Hyundai E&C's purchasing division, sign an MoU at Hyundai E&C's headquarters in Jongno-gu, Seoul; image courtesy of Hyundai Elevator

Hyundai Elevator Signs Modular Elevator Commercialization MoU

The circa-1985 elevators on SkyTrain’s Expo Line are being replaced with new KONE units; image courtesy of TransLink via X.

40-Year-Old SkyTrain Elevators Being Replaced in Canada

TKE OWNERS SELECT FINANCIAL ADVISORS FOR PLANNED IPO

TKE Owners Select Financial Advisors for Planned IPO

CIA TO SHOWCASE CANOPEN LIFT AT INTERLIFT

CIA To Showcase CANopen Lift at Interlift

Both events will be held at Maestro’s Caterers in the Bronx; image courtesy of Maestro’s Caterers.

ECNY Events To Be Held on Same Day in Same Location

KAPOK 88 ACHIEVES LIFTINSTITUUT CERTIFICATION

Kapok 88 Achieves Liftinstituut Certification

WINNERS OF INAUGURAL ELLIES EUROPE COMPETITION ANNOUNCED

Winners of Inaugural Ellies Europe Competition Announced