Cibes was founded in 1947 and is today one of the world’s largest manufacturers of screw-driven lifts. The product offering includes cost and space efficient lift solutions through platform lifts, cabin lifts and platform stair lifts.
Products are sold to 72 countries worldwide through direct sales organizations in 13 markets and over 200 distributors and are installed in public and commercial buildings as well as in private homes. Production facilities and headquarters are located in Gävle, Sweden.
In 2016, the Company had sales of SEK 703m and an EBITDA of SEK 78m.
Carnegie is acting as sole financial adviser to R12 in connection with the transaction.