Mitsubishi Electric Acquires Ireland's Infinity Lifts

Mitsubishi Electric Corp. announced it has agreed to wholly acquire the shares of Infinity Lifts Ltd., an Irish elevator company based in Ennis, effective March 18. The transaction is expected to be completed in the first half of 2026, subject to the approval of the necessary regulatory authorities and the fulfillment of other customary closing conditions. Infinity Lifts is a well-established company engaged in multi-brand elevator sales, installations, maintenance and renewals, including Mitsubishi Electric products. The company is recognized for its technical capabilities and substantial maintenance capacity. Mitsubishi Electric and subsidiary Mitsubishi Electric Building Solutions Corp. are expanding their maintenance and renewal businesses in Europe under the lead of Motum AB, a wholly owned subsidiary headquartered in Stockholm, Sweden. Mitsubishi Electric acquired Ascension Lifts Ltd. in April 2025. By combining Infinity Lifts’ strengths with Ascension Lifts’ longstanding multi-brand foundation, Mitsubishi Electric expects to raise the value of its services, strengthen its presence in the Irish market and ultimately expand its elevator and escalator businesses across Europe.