Classic Lifts Scotland Acquired by Complii | Industrials M&A Deal

Complii has acquired Classic Lifts Scotland, a industrial services other business in Scotland. Classic Lifts Scotland provides planned preventative maintenance, reactive repairs, emergency call-outs, and modernization and installation works for lift systems. The Complii acquisitions strategy expands industrials M&A capabilities in lift maintenance and service delivery across Scotland. The add on acquisition is announced and backed by private equity, fitting a private equity acquisition approach to grow service coverage and deepen customer relationships. Terms and deal value are undisclosed, with the planned close expected following standard regulatory and customary conditions.