CIBC CLEARY GULL ADVISES BELLA ELEVATOR LLC ON ITS SALE TO CIBES LIFT GROUP
Milwaukee, Wisconsin, June 15, 2022 – CIBC Cleary Gull is pleased to announce that its client Bella Elevator, LLC (“Bella” or the “Company”), has been acquired by Cibes Lift Group AB (“Cibes”). CIBC Cleary Gull acted as exclusive financial advisor to Bella Elevator, LLC in this transaction.
“For Cibes Lift Group, this acquisition provides access to an extensive portfolio of home elevators and accessibility products and strengthens our presence nationwide in the USA. In addition, it will also give Bella Elevator and its distributors and customers access to Cibes’ product portfolio and commercial excellence expertise and infrastructure. Bella Elevator will continue to be run as an independent company and work closely with Cibes subsidiaries in the USA to further establish both Cibes and Symmetry as industry leading brands”, says Per Lidström, CEO of Cibes Lift Group AB.