Ascenco Group acquires Hiss-Craft i Norrland

Ascenco Group continues to grow both organically and through acquisitions.

‍As of February 3rd, Ascenco strengthens its presence in northern Sweden as Hiss-Craft i Norrland (Hiss-Craft) becomes part of the group. Hiss-Craft will continue its operations as before and has been an entrepreneur-led company for many years, operating in Sundsvall/Timrå and Östersund with surrounding areas.

‍Hiss-Craft i Norrland AB was founded in 2008 with a focus on the aftermarket for elevators. Today, the company has a turnover of approximately 20 million SEK and maintains a strong local presence in its home markets.

‍The founders of Hiss-Craft come from larger elevator companies where customer contact had diminished—a connection that can be restored in an entrepreneurial company. Hiss-Craft’s focus is therefore on offering customers independent solutions tailored to their needs: proximity, personal service, and long-term commitment define its operations.

‍”It feels incredibly exciting to take Hiss-Craft into the next chapter after 16 years of company development, together with Ascenco. Being part of this journey and having the opportunity to realize Hiss-Craft’s full potential is a fantastic prospect,” says Stefan Persson, CEO of Hiss-Craft i Norrland.

‍”Hiss-Craft i Norrland has a strong reputation in the elevator industry, with extensive technical expertise and many satisfied customers. It will be extremely rewarding and stimulating to continue developing our operations together in northern Sweden!” says Daniel Nyman, CEO of Ascenco Group.

‍For more information, please contact:

Erik Svensson, CEO (interim) and CFO, Ascenco Group
erik.svensson@ascencogroup.com, +46 70-980 68 00

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