Lindahl has advised Cibes Lift Group in the transaction together with the US law firm Wiggin and Dana.
Cibes Lift Group signed an agreement for the acquisition of Bella Elevator LLC in the USA.
By acquiring Bella Elevator, manufacturer of Symmetry Elevating Solutions, Cibes strengthens its position in the USA and creates new business opportunities through local manufacturing and a nationwide distributor and partner network.
Bella Elevator has around 130 employees and is headquartered in Peoria, Illinois, with manufacturing facilities in both Peoria and Roanoke. Bella Elevator and Symmetry Elevating Solutions offers a wide range of home elevators, platform lifts and LULA elevators (Limited Use Limited Application elevators) through a nationwide network of distribution partners with over 80 locations in the USA and Canada.
Cibes is one of the world’s largest manufacturers of space efficient lifts.
The Lindahl’s team consisted of Mårten Steen (Picure) and Disa Almqvist.
The Wiggin and Dana team included Corporate partner Mark Kaduboski, counsel R.J. Kornhaas and associate Michael Addison, Tax partner Scott McClure, Benefits partner Christian Chandler, Environmental partner Michael Miller, Intellectual Property partner Frank Duffin, Real Estate partner Dimitri Tournas, Environmental counsel David Speranzini, Employment counsel Joshua Wyatt and Litigation counsel James Craven.
Involved fees earner: Disa Almqvist – Lindahl; Mårten Steen – Lindahl; Michael Addison – Wiggin & Dana-Nh ; Christian Chandler – Wiggin & Dana-Nh ; James Craven – Wiggin & Dana-Nh ; Francis Duffin – Wiggin & Dana-Nh ; Mark Kaduboski – Wiggin & Dana-Nh ; Robert Kornhaas – Wiggin & Dana-Nh ; Scott McClure – Wiggin & Dana-Nh ; Michael Miller – Wiggin & Dana-Nh ; David Speranzini – Wiggin & Dana-Nh ; Dimitri Tournas – Wiggin & Dana-Nh ; Joshua Wyatt – Wiggin & Dana-Nh ;
Clients: Cibes Lift Group;