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Ascension Lifts

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Namestring
Ascension Lifts
Legal namestring
Ascension Lifts Ltd.
Company typeenum
Private
Founded yearint
2003
Descriptiontext

Ascension Lifts Ltd. is an independent elevator company headquartered in Dublin, Ireland, founded in 2003. The company specializes in the supply, installation, maintenance, and modernization of vertical transportation systems, including passenger lifts (225kg to 4,000kg capacity), goods-only lifts (10kg to 5,000kg), service/trolley lifts, enclosed and open wheelchair platform lifts (rises up to 14 metres), and scissor lifts. Equipment is sourced from multiple European OEMs, including Cibes (platform lifts), Kleemann (cabin interiors and home solutions), Atlas (electric passenger lifts), and Flexylift (hydraulic passenger lifts), enabling a multi-brand, independently-positioned offering that contrasts with tied-OEM service networks.

The company monetizes across four streams: one-time installation projects, recurring preventative maintenance agreements (offered in multiple tiers, 24/7, 365 days a year), project-based modernization and refurbishment work, and advisory/consultancy services. Pricing is quote-based and not publicly disclosed; maintenance contracts operate on multi-year cadences. The customer base is horizontally segmented across commercial buildings, residential buildings, and industrial/goods-transport applications, served through a direct sales-led motion targeting building owners, property managers, and facilities managers in Ireland. Headcount is 50+ with all key personnel being time-served lift engineers and managers averaging 25+ years of industry experience.

On April 29, 2025, Ascension was acquired by Motum Group AB (Sweden and Norway's largest independent elevator, escalator, and automatic door group), making it Motum's first acquisition outside Scandinavia and its entry point into the Irish market. Motum has been owned by Mitsubishi Electric since 2022, placing Ascension under a global OEM parent. A planned leadership transition effective November 1, 2025 moves founder Paul Flynn (Managing Director for 22 years) into the COO role while COO Robert Byrne is promoted to Managing Director, formalizing succession under new ownership. No third-party institutional funding, revenue disclosure, AI/ML capability, or patent portfolio is evidenced in the available data.

Short descriptiontext

Ascension Lifts is Ireland's largest independent elevator company, supplying, installing, maintaining, and modernising passenger, goods, service, wheelchair, and scissor lifts. The Dublin-based firm, founded in 2003 with 50+ employees, was acquired by Motum Group in April 2025.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersDublin, Ireland
HQ citystring
Dublin
HQ countrystring
Ireland
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
lift installation services, lift maintenance services, lift modernization services, vertical transportation systems, elevator maintenance Ireland
Industry3 codes
1Accessibility & Platform Lift Service (Wheelchair/Vertical Platform Lifts)
CodeBPABAIAIPrimaryYes
2Dumbwaiter & Material Lift Service & Maintenance
CodeBPABAIAJPrimaryNo
3Stair Lifts, Platform Lifts & Residential Elevator Services
CodeHSABAJADPrimaryNo
NAICS code1 code
  • Elevator and Moving Stairway Manufacturing333921
Product category
Elevator and Lift Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1Lift Installation Services
TypeOne Time License
Description

Supply and installation of complete range of vertical transport solutions including passenger lifts, goods lifts, service lifts, wheelchair platforms and scissors lifts. Installation services are one-time project-based revenue.

ascensionlifts.com
2Maintenance Services
TypeSubscription Recurring
Description

Preventative maintenance service agreements provided 24/7, 365 days a year. Three separate levels of preventative service agreements for all lift installations. Revenue is recurring through service agreements.

ascensionlifts.com
3Modernisation and Refurbishment
TypeOne Time License
Description

Minor and major modernisation, refurbishment and repair services to existing equipment. Project-based revenue for upgrading aging elevator systems.

ascensionlifts.com
4Advisory and Consultancy
TypeProfessional Services
Description

Consultancy services regarding planning and design of new installations, modernisation or general maintenance enquiries.

ascensionlifts.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D
Pricing details1 tier
1Custom quoted pricing based on lift type and service requirements
ModelOtherBilling cadenceMulti-year contract
Notes

As a lift installation and maintenance company serving diverse requirements from passenger lifts to goods lifts to wheelchair platforms, pricing varies by equipment specifications, installation complexity, and service agreement levels. No public pricing available.

ascensionlifts.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Ascension Lifts supplies, installs, maintains, and modernizes vertical transportation equipment including passenger lifts, goods lifts, service lifts, wheelchair platforms, and scissors lifts for residential, commercial, public, and industrial customers in Ireland. The company delivers bespoke lift solutions sourced from European manufacturers (Cibes, Kleemann, Atlas, Flexylift, Gigas) along with 24/7 preventative maintenance, emergency callout, and advisory services. Founded in 2003 and headquartered in Dublin, it operates as the largest independent lift company in Ireland under Motum Group ownership.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Independent status ensures flexibility in equipment selection to match client requirements
Product overview1 text field

Ascension Lifts is an independent lift installation, maintenance, and modernisation provider based in Dublin, Ireland. As the largest independent elevator company in Ireland and part of Motum Group (owned by Mitsubishi Electric since 2022), they offer a comprehensive portfolio of vertical transportation solutions. Their product range includes passenger lifts (from 225kg/3 persons to 4,000kg/50 persons), goods-only lifts (10kg to 5,000kg), service/trolley lifts, wheelchair accessibility platforms (both enclosed up to 14 metres and open short-rise up to 1.5 metres), and scissor lifts. They partner with European manufacturers including Cibes, Kleemann, Atlas, and Flexylift to supply quality-engineered products. Services encompass supply and installation, 24/7 preventative maintenance, modernisation and refurbishment, emergency callout, and advisory/consultancy. The company serves various sectors including residential, commercial, public, and industrial applications.

Product and service11 records
1Passenger Lifts
CategoryPassenger Lift
Description

Full range of passenger lifts from 225kg (3 persons) to 4,000kg (50 persons) capacity for residential, commercial, and public buildings in Ireland.

2Goods/Passenger Combination Lifts
CategoryGoods/Passenger Lift
Description

Combination lifts serving both passenger and goods transport functions with capacity from 500kg to 5,000kg for mixed-use buildings.

3Goods Only Lifts
CategoryGoods Lift
Description

Dedicated goods-only lifts and platforms for commercial and industrial use with capacity from 500kg to 5,000kg.

4Service and Trolley Lifts
CategoryService Lift
Description

Compact service and trolley lifts for internal material handling applications with capacity from 50kg to 300kg.

5Wheelchair Platform Lifts
CategoryWheelchair Platform Lift
Description

Enclosed wheelchair platform lifts for rises up to 14 metres and open short-rise wheelchair platforms up to 1.5 metres for accessibility applications.

6Scissor Lifts and Working Platforms
CategoryScissor Lift
Description

Scissor lifts, working platforms, and pavement goods platforms available in various sizes, working heights, and capacities.

7Supply and Installation Services
CategoryInstallation Service
Description

Complete installation services for passenger lifts, goods lifts, service lifts, wheelchair platforms, scissor lifts, and escalators, including bespoke design for new and existing lift shafts.

8Preventative Maintenance Services
CategoryMaintenance Service
Description

24/7 preventative maintenance programs designed to identify and address potential issues before lift malfunctions occur, available in three separate agreement levels for both Ascension-installed equipment and other manufacturers' installations.

9Modernisation and Refurbishment Services
CategoryModernisation Service
Description

Minor and major modernisation, refurbishment, and repair services for existing elevator equipment to upgrade aging systems and extend equipment life.

1024-Hour Emergency Callout Service
CategoryEmergency Service
Description

Round-the-clock emergency callout and monitoring service for lift installations, available 24/7/365 to minimize lift downtime.

11Advisory and Consultancy Services
CategoryConsultancy Service
Description

Expert advisory and consultancy services for planning, design of new installations, modernisation projects, and general maintenance enquiries.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-04-29
Description

Motum Group AB, Sweden and Norway's largest independent elevator, escalator, and automatic door group, acquired Ascension Lifts on April 29, 2025. This marked Motum's first acquisition outside of Scandinavia and entry into the Irish market. Motum has been owned by Mitsubishi Electric since 2022. Ascension Lifts is now part of the Motum Group and wider Mitsubishi Electric Group.

Strategic tierMinorTypeChannel Partner/ Reseller/ Distributor
Description

Partnership for Cibes platform lift range including Home Solutions (400kg to 1,000kg) and Public Solutions (400kg to 1,000kg). Ascension Lifts distributes and installs Cibes platform lifts in Ireland.

Strategic tierMinorTypeChannel Partner/ Reseller/ Distributor
Description

Partnership for Kleemann cabin interiors and passenger lift solutions including Home Solutions. Ascension Lifts distributes Kleemann products in the Irish market.

Strategic tierMinorTypeChannel Partner/ Reseller/ Distributor
Description

Partnership for Atlas Electric Passenger Lifts ranging from 375kg to 1,000kg capacity.

5Europe's Best Manufacturers of Lift Equipment
Strategic tierMinorTypeChannel Partner/ Reseller/ Distributor
Description

Ascension Lifts partners with multiple European lift equipment manufacturers to supply quality engineered products for standard or bespoke equipment requirements in the Irish market.

ascensionlifts.com
Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Swiss multinational elevator and escalator company with operations across Europe including Ireland. Directly comparable in offering passenger/goods lifts, modernization, and maintenance services with similar customer segments.

2KONE
TypeBroad incumbent
Description

Finland-based global elevator and escalator manufacturer and service provider with a direct sales and service presence in Ireland. KONE offers the full install/modernization/maintenance stack that competes head-to-head with Ascension across commercial and residential segments.

TypeDirect peer
Description

Ireland-based independent elevator installation and service company that competes with Ascension for the same SME and commercial customer base in Ireland, including install, maintenance, and modernization across passenger and platform lifts.

TypeBroad incumbent
Description

Largest global elevator OEM with established service operations in Ireland. Competes across new installation, modernization, and maintenance, including taking over third-party maintenance contracts that Ascension also targets.

TypeDirect peer
Description

UK-based family-owned independent lift specialist offering installation, service, and modernization with a similar mid-size independent positioning in the UK/Ireland market. Particularly strong in stair lifts, platform lifts, and home lifts — overlapping directly with Ascension's Cibes and residential product range.

TypeDirect peer
Description

Sweden and Norway's largest independent elevator, escalator, and automatic doors group, and Ascension's parent company since April 2025. Operates the same lift install/service/modernization model across Scandinavia, providing both an operational template and a strategic acquisition counterparty.

TypeDirect peer
Description

Swedish platform lift manufacturer and Ascension's distribution partner for Cibes Home and Public Solutions in Ireland. Competes directly in the accessibility platform lift space across Europe.

TypeBroad incumbent
Description

Major global elevator manufacturer and service company operating across Europe. Competes with Ascension on installation, service, and modernization in the Irish commercial real estate market.

TypeBroad incumbent
Description

Japanese elevator OEM (formerly Hitachi Building Systems) with active installation and service operations across Europe including the UK and Ireland. Directly competes on new installation and modernization for commercial passenger lifts.

TypeDirect peer
Description

Greek elevator manufacturer that is both a product supplier (partner) and a competitor in the Irish and broader European market. Ascension distributes Kleemann cabins and home solutions, but Kleemann also sells direct in many European markets.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Ascension Lifts

Elevator and Lift Servicesascensionlifts.com

Ascension Lifts is Ireland's largest independent elevator company, supplying, installing, maintaining, and modernising passenger, goods, service, wheelchair, and scissor lifts. The Dublin-based firm, founded in 2003 with 50+ employees, was acquired by Motum Group in April 2025.

What Ascension Lifts does

Ascension Lifts Ltd. is an independent elevator company headquartered in Dublin, Ireland, founded in 2003. The company specializes in the supply, installation, maintenance, and modernization of vertical transportation systems, including passenger lifts (225kg to 4,000kg capacity), goods-only lifts (10kg to 5,000kg), service/trolley lifts, enclosed and open wheelchair platform lifts (rises up to 14 metres), and scissor lifts. Equipment is sourced from multiple European OEMs, including Cibes (platform lifts), Kleemann (cabin interiors and home solutions), Atlas (electric passenger lifts), and Flexylift (hydraulic passenger lifts), enabling a multi-brand, independently-positioned offering that contrasts with tied-OEM service networks.

The company monetizes across four streams: one-time installation projects, recurring preventative maintenance agreements (offered in multiple tiers, 24/7, 365 days a year), project-based modernization and refurbishment work, and advisory/consultancy services. Pricing is quote-based and not publicly disclosed; maintenance contracts operate on multi-year cadences. The customer base is horizontally segmented across commercial buildings, residential buildings, and industrial/goods-transport applications, served through a direct sales-led motion targeting building owners, property managers, and facilities managers in Ireland. Headcount is 50+ with all key personnel being time-served lift engineers and managers averaging 25+ years of industry experience.

On April 29, 2025, Ascension was acquired by Motum Group AB (Sweden and Norway's largest independent elevator, escalator, and automatic door group), making it Motum's first acquisition outside Scandinavia and its entry point into the Irish market. Motum has been owned by Mitsubishi Electric since 2022, placing Ascension under a global OEM parent. A planned leadership transition effective November 1, 2025 moves founder Paul Flynn (Managing Director for 22 years) into the COO role while COO Robert Byrne is promoted to Managing Director, formalizing succession under new ownership. No third-party institutional funding, revenue disclosure, AI/ML capability, or patent portfolio is evidenced in the available data.

Ascension Lifts firmographics

Firmographics
Name
Ascension Lifts
Legal name
Ascension Lifts Ltd.
Website
https://ascensionlifts.com
Company type
Private
Founded year
2003
Operating status
Operating
Headcount range
11–50 employees
Short description
Ascension Lifts is Ireland's largest independent elevator company, supplying, installing, maintaining, and modernising passenger, goods, service, wheelchair, and scissor lifts. The Dublin-based firm, founded in 2003 with 50+ employees, was acquired by Motum Group in April 2025.
Ownership category
akta.pro rank

Ascension Lifts industry classification

Industry
Product category
Elevator and Lift Services
NAICS
Elevator and Moving Stairway Manufacturing (333921)
akta.pro primary industry
Accessibility & Platform Lift Service (Wheelchair/Vertical Platform Lifts) (BPABAIAI)
akta.pro secondary industries
Dumbwaiter & Material Lift Service & Maintenance (BPABAIAJ), Stair Lifts, Platform Lifts & Residential Elevator Services (HSABAJAD)

Keywords

  • Lift installation services
  • Lift maintenance services
  • Lift modernization services
  • Vertical transportation systems
  • Elevator maintenance Ireland

Where Ascension Lifts is headquartered

Location

Headquarters

HQ city
Dublin
HQ country
Ireland
HQ region
Europe

Offices1 record

Markets served

Ascension Lifts business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

  1. Lift Installation Services: Supply and installation of complete range of vertical transport solutions including passenger lifts, goods lifts, service lifts, wheelchair platforms and scissors lifts. Installation services are one-time project-based revenue.
  2. Maintenance Services: Preventative maintenance service agreements provided 24/7, 365 days a year. Three separate levels of preventative service agreements for all lift installations. Revenue is recurring through service agreements.
  3. Modernisation and Refurbishment: Minor and major modernisation, refurbishment and repair services to existing equipment. Project-based revenue for upgrading aging elevator systems.
  4. Advisory and Consultancy: Consultancy services regarding planning and design of new installations, modernisation or general maintenance enquiries.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractCustom quoted pricing based on lift type and service requirements

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Ascension Lifts product offering

Product offering

Core offering

Ascension Lifts supplies, installs, maintains, and modernizes vertical transportation equipment including passenger lifts, goods lifts, service lifts, wheelchair platforms, and scissors lifts for residential, commercial, public, and industrial customers in Ireland. The company delivers bespoke lift solutions sourced from European manufacturers (Cibes, Kleemann, Atlas, Flexylift, Gigas) along with 24/7 preventative maintenance, emergency callout, and advisory services. Founded in 2003 and headquartered in Dublin, it operates as the largest independent lift company in Ireland under Motum Group ownership.

Product overview

Ascension Lifts is an independent lift installation, maintenance, and modernisation provider based in Dublin, Ireland. As the largest independent elevator company in Ireland and part of Motum Group (owned by Mitsubishi Electric since 2022), they offer a comprehensive portfolio of vertical transportation solutions. Their product range includes passenger lifts (from 225kg/3 persons to 4,000kg/50 persons), goods-only lifts (10kg to 5,000kg), service/trolley lifts, wheelchair accessibility platforms (both enclosed up to 14 metres and open short-rise up to 1.5 metres), and scissor lifts. They partner with European manufacturers including Cibes, Kleemann, Atlas, and Flexylift to supply quality-engineered products. Services encompass supply and installation, 24/7 preventative maintenance, modernisation and refurbishment, emergency callout, and advisory/consultancy. The company serves various sectors including residential, commercial, public, and industrial applications.

Differentiator

Problem solved

Functional benefit

Products and services

  • Passenger Lifts Full range of passenger lifts from 225kg (3 persons) to 4,000kg (50 persons) capacity for residential, commercial, and public buildings in Ireland.
  • Goods/Passenger Combination Lifts Combination lifts serving both passenger and goods transport functions with capacity from 500kg to 5,000kg for mixed-use buildings.
  • Goods Only Lifts Dedicated goods-only lifts and platforms for commercial and industrial use with capacity from 500kg to 5,000kg.
  • Service and Trolley Lifts Compact service and trolley lifts for internal material handling applications with capacity from 50kg to 300kg.
  • Wheelchair Platform Lifts Enclosed wheelchair platform lifts for rises up to 14 metres and open short-rise wheelchair platforms up to 1.5 metres for accessibility applications.
  • Scissor Lifts and Working Platforms Scissor lifts, working platforms, and pavement goods platforms available in various sizes, working heights, and capacities.
  • Supply and Installation Services Complete installation services for passenger lifts, goods lifts, service lifts, wheelchair platforms, scissor lifts, and escalators, including bespoke design for new and existing lift shafts.
  • Preventative Maintenance Services 24/7 preventative maintenance programs designed to identify and address potential issues before lift malfunctions occur, available in three separate agreement levels for both Ascension-installed equipment and other manufacturers' installations.
  • Modernisation and Refurbishment Services Minor and major modernisation, refurbishment, and repair services for existing elevator equipment to upgrade aging systems and extend equipment life.
  • 24-Hour Emergency Callout Service Round-the-clock emergency callout and monitoring service for lift installations, available 24/7/365 to minimize lift downtime.
  • Advisory and Consultancy Services Expert advisory and consultancy services for planning, design of new installations, modernisation projects, and general maintenance enquiries.

Quantifiable outcome

  • Independent status ensures flexibility in equipment selection to match client requirements

Companies that use Ascension Lifts

Customer profile

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Ascension Lifts technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Ascension Lifts partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and minor.

  • Motum Group ABcoreStrategic or Co-development Partner · 29 April 2025Motum Group AB, Sweden and Norway's largest independent elevator, escalator, and automatic door group, acquired Ascension Lifts on April 29, 2025. This marked Motum's first acquisition outside of Scandinavia and entry into the Irish market. Motum has been owned by Mitsubishi Electric since 2022. Ascension Lifts is now part of the Motum Group and wider Mitsubishi Electric Group.
  • CibesminorChannel Partner/ Reseller/ DistributorPartnership for Cibes platform lift range including Home Solutions (400kg to 1,000kg) and Public Solutions (400kg to 1,000kg). Ascension Lifts distributes and installs Cibes platform lifts in Ireland.
  • KleemannminorChannel Partner/ Reseller/ DistributorPartnership for Kleemann cabin interiors and passenger lift solutions including Home Solutions. Ascension Lifts distributes Kleemann products in the Irish market.
  • AtlasminorChannel Partner/ Reseller/ DistributorPartnership for Atlas Electric Passenger Lifts ranging from 375kg to 1,000kg capacity.
  • Europe's Best Manufacturers of Lift EquipmentminorChannel Partner/ Reseller/ DistributorAscension Lifts partners with multiple European lift equipment manufacturers to supply quality engineered products for standard or bespoke equipment requirements in the Irish market.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Ascension Lifts competitors and assessment

Company assessment

Broad incumbents

  • Schindler Group: Swiss multinational elevator and escalator company with operations across Europe including Ireland. Directly comparable in offering passenger/goods lifts, modernization, and maintenance services with similar customer segments.
  • KONE: Finland-based global elevator and escalator manufacturer and service provider with a direct sales and service presence in Ireland. KONE offers the full install/modernization/maintenance stack that competes head-to-head with Ascension across commercial and residential segments.
  • Otis Worldwide: Largest global elevator OEM with established service operations in Ireland. Competes across new installation, modernization, and maintenance, including taking over third-party maintenance contracts that Ascension also targets.
  • TK Elevator (ThyssenKrupp): Major global elevator manufacturer and service company operating across Europe. Competes with Ascension on installation, service, and modernization in the Irish commercial real estate market.
  • Hitachi Lift (Hitachi Global Life): Japanese elevator OEM (formerly Hitachi Building Systems) with active installation and service operations across Europe including the UK and Ireland. Directly competes on new installation and modernization for commercial passenger lifts.

Direct peers

  • Champion Elevators: Ireland-based independent elevator installation and service company that competes with Ascension for the same SME and commercial customer base in Ireland, including install, maintenance, and modernization across passenger and platform lifts.
  • Stannah Lifts: UK-based family-owned independent lift specialist offering installation, service, and modernization with a similar mid-size independent positioning in the UK/Ireland market. Particularly strong in stair lifts, platform lifts, and home lifts — overlapping directly with Ascension's Cibes and residential product range.
  • Motum Group AB: Sweden and Norway's largest independent elevator, escalator, and automatic doors group, and Ascension's parent company since April 2025. Operates the same lift install/service/modernization model across Scandinavia, providing both an operational template and a strategic acquisition counterparty.
  • Cibes Lift Group: Swedish platform lift manufacturer and Ascension's distribution partner for Cibes Home and Public Solutions in Ireland. Competes directly in the accessibility platform lift space across Europe.
  • Kleemann Hellas: Greek elevator manufacturer that is both a product supplier (partner) and a competitor in the Irish and broader European market. Ascension distributes Kleemann cabins and home solutions, but Kleemann also sells direct in many European markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Ascension Lifts social profiles

Digital presence

Ascension Lifts financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Ascension Lifts leadership team

Management profile

Number of profiles

Profiles2 records

Ascension Lifts funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Ascension Lifts M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ascension Lifts

What does Ascension Lifts do?

Ascension Lifts supplies, installs, maintains, and modernizes vertical transportation equipment including passenger lifts, goods lifts, service lifts, wheelchair platforms, and scissors lifts for residential, commercial, public, and industrial customers in Ireland. The company delivers bespoke lift solutions sourced from European manufacturers (Cibes, Kleemann, Atlas, Flexylift, Gigas) along with 24/7 preventative maintenance, emergency callout, and advisory services. Founded in 2003 and headquartered in Dublin, it operates as the largest independent lift company in Ireland under Motum Group ownership.

Is Ascension Lifts a public or private company?

Ascension Lifts is a private company. It is classified as corporate owned and is currently operating.

When was Ascension Lifts founded?

Ascension Lifts was founded in 2003. It employs 11 to 50 people.

Where is Ascension Lifts based?

Ascension Lifts is headquartered in Dublin, Ireland, in the Europe region.

How does Ascension Lifts make money?

Four revenue lines are on record. Lift Installation Services are the primary driver. The others are maintenance Services, modernisation and Refurbishment and advisory and Consultancy.

Who are Ascension Lifts's main competitors?

Broad incumbents on record are Schindler Group, KONE, Otis Worldwide, TK Elevator (ThyssenKrupp) and Hitachi Lift (Hitachi Global Life). Direct peers are Champion Elevators, Stannah Lifts, Motum Group AB, Cibes Lift Group and Kleemann Hellas.

Does Ascension Lifts have an API?

No public API is recorded for Ascension Lifts.

What industry is Ascension Lifts in?

Ascension Lifts's product category is Elevator and Lift Services. Its primary akta.pro industry code is BPABAIAI, Accessibility & Platform Lift Service (Wheelchair/Vertical Platform Lifts), with a secondary code of BPABAIAJ, Dumbwaiter & Material Lift Service & Maintenance. Its NAICS code is 333921.

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Live signals
openPR.comEmerging Growth Trends Driving Expansion in the Elevator and Escalator MarketThe global elevator and escalator market is projected to reach $183.24 billion by 2030, growing at a CAGR of 8.0%, driven by smart city initiatives, touchless systems, and green building trends. In April 2025, Mitsubishi Electric Corporation acquired Ireland-based Ascension Lifts to expand its elevator sector footprint and enhance energy-efficient lift capabilities, particularly in the European market. KONE India separately launched three new elevator models in December 2024 featuring advanced safety controllers and energy-saving benefits meeting the latest Indian safety standards.MitsubishielectricMitsubishi Electric Acquires Irish Elevator Company Infinity LiftsMitsubishi Electric Corporation has agreed to acquire Infinity Lifts Limited, an Irish elevator company based in Ennis, with an effective date of March 18, 2026. The transaction, expected to close in the first half of 2026 pending regulatory approval, represents Mitsubishi Electric's continued expansion of its elevator and escalator business in Europe following its acquisition of Ascension Lifts Limited in April 2025. The company aims to leverage Infinity Lifts' technical capabilities and maintenance capacity to strengthen its presence in the Irish market and across Europe through its Motum AB subsidiary.YahooElevator and Escalator Industry Report 2026-2035: A $183 Billion Market by 2030, Driven by Smart City Developments, Energy-efficient and Touchless Systems, Predictive Maintenance, ModernizationThe global elevator and escalator market is projected to grow from $124.87 billion in 2025 to $183.24 billion by 2030, reflecting an 8% CAGR, driven by urbanization, infrastructure investments, and technology innovations such as smart city developments and energy-efficient systems. Key industry activities include KONE India's December 2024 launch of the KONE I MonoSpace SMART featuring IoT, cloud, and AI technologies, and Mitsubishi Electric Corporation's April 2025 acquisition of Ascension Lifts, an Irish vertical transportation company, to strengthen its market presence and develop more energy-efficient systems. The Asia-Pacific region leads growth as the largest and fastest-growing market, with key coverage across China, India, and Japan.openPR.comIn-Depth Examination of Segments, Industry Developments, and Key Players in the Elevator and Escalator MarketThe elevator and escalator market is projected to reach $183.24 billion by 2030, growing at a CAGR of 8.0%, driven by smart city initiatives and touchless technologies. In April 2025, Mitsubishi Electric Corporation acquired Ascension Lifts, an Ireland-based elevator company, to strengthen its global footprint in vertical transportation and expand its service offerings in Europe. In December 2024, KONE India launched new smart elevator products featuring advanced safety controllers and energy-efficient designs compliant with Indian safety standards.