Century Elevators, Inc.'s Permanent Industrial Elevator Business
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Century Elevators, Inc.'s Permanent Industrial Elevator Business - overview
Location
-, -, US
Primary Industry
Business Support Services
About
Based in the US, Century Elevators, Inc. 's Permanent Industrial Elevator Business specializes in rack and pinion elevator solutions for both permanent and temporary industrial applications. In July 2025, Alimak Group AB, a portfolio company of Investment AB Latour, agreed to acquire Century Elevators, Inc. 's Permanent Industrial Elevator Business from Century Elevators, Inc.
and BrandSafway. Century Elevators designs and manufacture permanent rack-and-pinion elevator systems engineered for industrial environments where safety, reliability, and customization are paramount. These elevators feature rugged welded-frame construction and capacities ranging from 650 lbs. to 25,000 lbs.
, providing secure vertical transportation for personnel and materials. Each system is self-contained and installs directly into existing or emerging structures, making it ideal for sectors such as oil and gas, petrochemical, shipbuilding, bridges, and power generation. Century Elevators also offers specialized solutions, including explosion-proof elevators for hazardous locations, freight and cargo lifts for heavy material handling, and economical replacements for outdated belted manlifts. The company generated approximately USD 9.
7 million in revenue in the 2025 financial year.
Primary Industry
Business Support Services
Sub Industries
Equipment Rental & Leasing, Industrial Machinery
Total Amount Raised
Subscriber access only
Century Elevators, Inc.'s Permanent Industrial Elevator Business - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out, Trade Sale | Announced | Century Elevators, Inc.'s Permanent Industrial Elevator Business | - |
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