Our story
Ascenco Group was founded in September 2023 with a clear ambition: to become the most trusted and preferred partner ensuring the reliable operation of elevators and critical infrastructure across the Nordics.
Backed by long-term investors and built through the carve-out of Nordic Lift Tech, Ascenco brought together deep industry expertise and a shared belief that safe, reliable infrastructure is essential to everyday life in modern society.
Our story
Scaling through trust and local leadership
Following the completion of the carve-out in 2024, the group began expanding its reach and capabilities through strategic additions to the portfolio.
Since 2025, Ascenco has grown from a single company to a group of five specialised service businesses operating across Sweden, Norway and Denmark — a development driven by strong relationships with
customers, local leadership teams and the strength of our decentralised operating model.
Requirements
Operating with proximity, commitment, and scale
At Ascenco Group, we believe that reliable operation of critical infrastructure depends on more than technical capability. It requires:
Lokal prescence and proximity
Our operating companies are rooted in the communities they serve, with teams working close to customers and end
Long-term commitment
We invest for the long haul — supporting growth, capability building and continuous improvement across our portfolio.
Shared standards and collaboration
While each company retains its brand and leadership, they benefit from shared safety standards, best practices and group-wide support.
Impact
Keeping critical infrastructure moving every day
Every day, our companies are trusted with the maintenance of more than 13,000 elevators, gates and escalators across residential, commercial and public environments. Our local technicians, service teams
and managers support the safe movement of people and goods — helping keep buildings running and communities moving.
Ambition
Buiding the next phase of Ascenco
As we continue to grow, Ascenco Group remains focused on building long-term partnerships, strengthening our local operations and expanding our footprint in the Nordics.
We have a clear ambition to reach SEK 500 million in revenue by 2028 while upholding the principles that have defined us since the beginning: local proximity, trusted ownership and reliable delivery of critical infrastructure services.