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Motum AB acquires the remaining 40% of Motum AS to make it a wholly owned subsidiary

Motum AB has acquired the remaining 40 percent of shares in the Norwegian elevator company Motum AS. The company thus becomes a wholly owned subsidiary within the Motum Group.

Vinga Hiss and Nordisk Hiss i Värmland merge under the new name Motum Väst

As of June 1, 2025, Vinga Hiss and Nordisk Hiss i Värmland will merge under the joint name Motum Väst. Both companies have long been part of the Motum Group, and this change is a natural step in the ambition to become even stronger together.

Motum to acquire Ascension Lifts, marking its first expansion outside Scandinavia

Motum, a leading and independent Scandinavian provider of elevators, escalators, and doors, has signed an agreement to acquire Ascension Lifts, a well-respected elevator company in Ireland. The acquisition is Motum’s first outside Scandinavia and marks an important milestone in the company’s strategy to grow in Europe.

ITK Hiss AB and Hissgruppen Sverige AB merge under the new brand Motum Stockholm AB

To further strengthen our position in the Stockholm elevator market and create an even stronger customer offering, ITK Hiss AB and Hissgruppen Sverige AB have merged and will now operate under the new joint brand Motum Stockholm AB.

Fredrik Bodin appointed new CEO of Nordisk Hiss in Värmland

Fredrik Bodin has been appointed as the new CEO of Nordisk Hiss in Värmland and will assume the position on January 1, 2025. Fredrik is currently CEO of Vinga Hiss, a sister company operating in Gothenburg. Both companies are part of the Motum Group. Since 2019, Fredrik Bodin has served as CEO of Vinga Hiss in Gothenburg, which is part of the sustainable elevator and door group Motum. Earlier this year, Fredrik was elected to the board of the Swedish Elevator Association (Hissförbundet), where he contributes to improvements in the industry concerning safety, sustainability, and skills supply.

Motum AB acquires ALT Heis AS, a leading player in the Norwegian elevator market

Motum AB has acquired ALT Heis AS, a prominent player in the Norwegian elevator market. This strategic acquisition aims to further strengthen Motum’s position and service offering in the Norwegian market.

The Motum Group is Sweden’s largest independent lift and door supplier. Together, we are 400 employees from north to south, servicing, modernising, and installing new lifts and doors. Sustainability is a core value at Motum, and we place great emphasis on ensuring that our solutions are beneficial for both people and the environment. To provide our customers with maximum choice, we work exclusively with open systems.

Motum AB, c/o ITK AB, PO Box 11034, SE-161 11 Bromma, Sweden
E-mail: info@motumengelsk.motums.wpengine.com

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