LIFTjournal

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News | January 2026

The most important events for the lift industry

Convenient overview: The most important trade fairs and events of the lift industry at a glance! We constantly update the dates.

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News | January 2026

THE newsletter for the international lift industry

The LIFTjournal newsletter provides a monthly round-up of the most important news for the international lift industry.

Photo: © Daniel Nyman/Ascenco Group

News | January 2026

Ascenco Group expands to Norway

Ascenco Group AB (“Ascenco”) expanded its presence to Oslo, Norway by taking over Heiskompaniet AS (“Heiskompaniet”).

Photo: © KI-generiert gem. Adobe Firefly-Lizenz / okapidesign / LIFTjournal

News | January 2026

Kone acquires companies in the Munich area

ATH Aufzüge GmbH, a subsidiary of Kone headquartered in Heilbronn with a branch in Munich, acquired the elevator businesses of two medium-sized elevator companies on January 1, 2026.

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Schindler Switzerland acquires Swiss SME Schindler subsidiary AS Aufzüge has acquired a Swiss lift company. - News | January 2026

Photo: © Pace Group, Konstantin32/123RF.com

News | January 2026

Further acquisitions by the Pace Group

The British Pace Holding announced another acquisition. Exel Elevator, The Lift Company and D.J. Lift Services are now part of the group of medium-sized lift companies. Further acquisitions are to follow.

Photo: © A.S.T. Aufzüge & Service Thieme Silex GmbH

News | January 2026

A.S.T. Aufzüge & Service Thieme Silex becomes new member of AVD

Shortly before Christmas, Schindler Germany announced another acquisition. Since 1 January 2026, a lift manufacturer from Saxony has been part of the German Lift Association (AVD).

Photo: © Schindler Deutschland

News | January 2026

Why are more and more medium-sized companies selling their business?

In Germany, there is currently a rise in the number of medium-sized lift manufacturers being taken over by large corporations. Are medium-sized companies under acute threat? What are the reasons? Why are such high sums being paid?

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