What Maspero Elevatori does

Maspero Elevatori S.p.A. is a privately held Italian custom elevator manufacturer founded in 1966 and headquartered in Appiano Gentile (Como), operating under second-generation family ownership with a €5,000,000 share capital and 101–250 employees. The company designs, engineers, manufactures, installs, and maintains bespoke vertical-transportation systems, with particular specialization in inclined/funicular elevators (variable tilt 38–78°, capacities up to 3,000 kg, speeds up to 3 m/s, EN 81.22 certified), panoramic glass elevators (360° laminated-glass cabins, customizable with leather, wood, marble, and stainless-steel finishes), machine-roomless elevators (Koala line, 450–1,600 kg), explosion-proof freight elevators (IP-rated, galvanized steel), and heavy-duty goods lifts (up to 42,000 kg capacity). Its production model at the Atelier facility blends artisanal Italian craftsmanship with engineering, producing one-off units rather than catalog products.

The company operates a direct-sales enterprise GTM with no intermediaries, supported by three Italian subsidiaries (Rome, Turin, Genoa), four foreign subsidiaries (France, Switzerland, Monaco, India), and an agent network spanning 66 export countries across Europe, the Middle East, Asia, the Americas, and Oceania. Revenue derives from one-time custom elevator sales (vertical, inclined, panoramic, industrial), recurring maintenance and repair services for elevators of all brands, and a newer cloud-based elevator monitoring/managed-services stream. Pricing is quote-based and not publicly disclosed. The customer base spans luxury retail (Rolex, Eataly, Roger Vivier), luxury hospitality (Hotel Excelsior Gallia, Hilton Lingotto, Megève chalet), cultural heritage and government (Colosseum, Acropolis of Athens, UN Geneva, Izmit Bay Bridge), public transportation (Naples and Paris Metro), and industrial facilities (Edipower). Notable projects include 24 Koala elevators at Mareterra in Monaco (Renzo Piano), 11 new + 25 modernized elevators at the UN Palais des Nations in Geneva, the TÜV SÜD-certified Acropolis elevator, and 230+ meter service elevators inside the Izmit Bay Bridge pylons.

Name

Maspero Elevatori

Legal name

MASPERO ELEVATORI S.p.A.

Website

https://maspero.com

Company type

Private

Founded year

1966

Operating status

Operating

Headcount range

101–250 employees

Short description

Maspero Elevatori is a privately held Italian custom elevator manufacturer founded in 1966, designing and installing bespoke vertical, inclined, and panoramic elevators for luxury residences, hotels, cultural-heritage sites, public infrastructure, and industrial clients across 66 countries, with recurring maintenance and cloud-monitoring services.

Ownership category

akta.pro rank

Product category

Custom Elevator Manufacturing

NAICS

Elevator and Moving Stairway Manufacturing (333921)

akta.pro primary industry

Elevator, Escalator & Vertical Transportation Installation/Service (IMAFALAI)

akta.pro secondary industries

Traction/Machine-Room-Less (MRL) Elevator Service & Maintenance (BPABAIAL), Elevator Remote Monitoring & Predictive Maintenance (IoT/Connected Elevators) (BPABAIAH), Elevator Modernization & Retrofit (Controllers, Drives, Door Systems) (BPABAIAE), Freight/Service Elevator Service & Maintenance (BPABAIAB), Hydraulic Elevator Service & Maintenance (BPABAIAK)

Keywords

• Custom elevator manufacturing
• Inclined elevators
• Panoramic elevators
• Freight elevators
• Elevator maintenance services

Headquarters

HQ city

Appiano Gentile

HQ country

Italy

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Custom elevator manufacturing and sales: One-time sales of bespoke elevators including vertical, inclined, panoramic, and industrial elevators. Products are entirely custom-made according to client specifications from private villas to large infrastructure projects.
2. Maintenance and repair services: Recurring maintenance services for elevators of all types and brands, providing specialized, widespread, and cost-effective assistance after the sale.
3. Elevator monitoring service: Cloud-based elevator monitoring service with sensors for fault detection and automatic identification, access management, and floor access activation/deactivation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Maspero Elevatori designs, manufactures, and installs fully custom elevators including vertical, inclined/funicular, panoramic, machine-roomless, explosion-proof freight, and barrier-free models for luxury residences, hospitality, public infrastructure, industrial, and urban mobility projects. The company complements its bespoke installations with specialized maintenance, repair, and cloud-based monitoring services across all elevator brands.

Product overview

Maspero Elevatori is a manufacturer of custom vertical transportation systems with 60 years of experience, operating from their Appiano Gentile (Como), Italy headquarters. The company offers a comprehensive portfolio of bespoke elevator solutions including vertical elevators (hydraulic, electric/cable-driven, rack and pinion), inclined/funicular elevators with variable slope capabilities, panoramic glass elevators, space-saving machine-roomless designs, barrier-free accessibility elevators, explosion-proof freight elevators, platform lifts, and escalators/moving walkways. The product line ranges from small residential villas to large-scale public infrastructure including museums, metro systems, bridges, and government buildings across 66 countries worldwide. Products are designed and manufactured entirely in Italy with extensive customization of materials, finishes, and technical specifications.

Differentiator

Problem solved

Functional benefit

Brands

• Koala Line: Machine-roomless elevators designed for maximum space utilization, suitable for installation in buildings without permanent volumes for machine rooms. Capacities range from 450 kg to 1,600 kg.

Products and services

• Vertical Elevators Custom vertical elevators available in hydraulic, electric/cable-driven, rack and pinion, and machine-roomless configurations for residential, commercial, and industrial applications. Designed and built to client specifications.
• Inclined/Funicular Elevators Inclined elevators designed to traverse slopes and uneven terrain, featuring variable tilt angles (38-78 degrees), panoramic glass cabins, and capacities up to 3,000 kg with speeds up to 3 m/s. Certified according to EN 81.22 standard.
• Panoramic Elevators Glass-walled elevators offering panoramic views, available in vertical and inclined configurations. Feature transparent laminated glass cabins for 360-degree viewing in luxury and public installations.
• Koala Line Machine-Roomless Elevators Proprietary line of machine-roomless elevators with no machine room requirement, enabling maximum space utilization. Capacities range from 450 kg to 1,600 kg for residential and public use applications.
• Explosion-Proof Freight Elevators Specialized freight elevators designed for hazardous environments with IP-rated water and dust-resistant equipment, galvanized steel materials, and components that meet explosion safety standards for industrial facilities.
• Freight and Goods Elevators Heavy-duty elevators for transporting goods, vehicles, and materials including special truck elevators with 42,000 kg capacity for museum and large-scale logistics applications.
• Platform Lifts Lifting platforms including vertical, inclined, panoramic, and rack and pinion configurations for accessibility and goods transport in various architectural contexts.
• Escalators and Moving Walkways Automated staircases and horizontal moving walkways for pedestrian flow in commercial centers, transit stations, and public buildings.
• Elevator Maintenance, Repair, and Monitoring Services Specialized maintenance, repair, and cloud-based monitoring services for elevators of all types and brands. Includes sensor-based fault detection, automatic fault identification, access management, and floor access activation/deactivation.

Quantifiable outcome

• Inclined elevator to Acropolis of Athens transports up to 16 people or 2 wheelchairs with attendant in 32 seconds over 40+ meter ride
• +2 more outcomes

Named customers25 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Emergency NGOcoreStrategic or Co-development Partner · 21 April 2021Italian medical-humanitarian organization for which Maspero built a custom hydraulic bed elevator for the Pediatric Surgery Center in Uganda, designed by Renzo Piano. Project was completed pro bono.
• Studio Ingegneri Associati (Fontana & Lotti Lorenzi)minorStrategic or Co-development PartnerEngineering studio that collaborated on the inclined elevator project for the Bastion of Riva del Garda, developing the project design for connecting the city center to the ancient Venetian fortress.
• Peluffo and PartnersminorStrategic or Co-development PartnerArchitectural firm supervising the Mount Galala resort project in Egypt, for which Maspero delivered four inclined panoramic elevators designed for desert and high-salinity environments.
• Rogers Stirk Harbour + PartnersminorStrategic or Co-development PartnerArchitectural firm that designed a world-famous London museum, for which Maspero built special goods elevators with 42,000 kg capacity and panoramic visitor elevators.
• City of BilbaocoreStrategic or Co-development PartnerMunicipal government that partnered with Maspero for two automatic inclined elevators serving urban mobility between neighborhoods, providing green and efficient alternative transportation.
• Onassis FoundationcoreStrategic or Co-development PartnerFoundation that commissioned the inclined panoramic elevator for the Acropolis of Athens, making the UNESCO World Heritage Site accessible to all visitors including those with disabilities.
• Central Archaeological Council (Greece)coreStrategic or Co-development PartnerGreek governmental body that approved and supervised the custom design of the panoramic inclined elevator to ensure compliance with archaeological heritage constraints.
• Renzo Piano Building Workshop (RPBW)coreStrategic or Co-development PartnerRenzo Piano's architecture studio that designed the Emergency hospital in Uganda and collaborated with Maspero for elevator installations across multiple projects including the Moscow museum.
• IHI Corporation (Japan)coreStrategic or Co-development PartnerJapanese world leader in suspension bridge engineering that selected Maspero to supply service elevators for the Izmit Bay Bridge in Turkey, installed inside bridge pylons.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Mitsubishi Electric (Elevator & Escalator Division): Japanese elevator and escalator OEM with global high-rise and premium-project presence — competitive reference for Maspero's luxury and high-specification elevator work.
• Otis Worldwide: World's largest elevator and escalator manufacturer serving commercial, residential, and infrastructure projects globally — sets the competitive context for Maspero in service and modernizations at scale.
• Kone Oyj: Finnish global elevator and escalator major with focus on service and smart-building integration — competitive context for Maspero's IoT monitoring and service-revenue strategy.
• ThyssenKrupp Elevator: German elevator and escalator manufacturer with capabilities across high-rise and specialty installations — competes with Maspero on large public-infrastructure and transportation projects.
• Schindler Group: Global elevator, escalator, and mobility solutions provider with strong European presence in installation and service — overlaps Maspero on European public-infrastructure and modernization projects.

Regional players

• Cibes Lift Group: Swedish manufacturer of low-rise elevators, platform lifts, and accessibility solutions with strong European distribution — comparable on accessibility/barrier-free and space-saving elevator segments.
• GMV (Gruppo Manzolini Verticale): Italian elevator manufacturer and service provider active in residential and public infrastructure — direct Italian-market peer to Maspero on home-market installations and service contracts.
• Daldoss Elevet: Italian manufacturer of bespoke elevators and platform lifts with a focus on custom design and accessibility — comparable on bespoke, design-led elevator manufacturing in Europe.

Direct peers

• Stannah Lifts: UK-headquartered family-owned lift manufacturer with deep customization, stairlift and passenger elevator lines, plus national service network — comparable to Maspero as a privately held, design-forward bespoke lift specialist.
• Garaventa Lift: Swiss-based manufacturer of custom elevators, inclined lifts, and accessibility platforms with strong heritage in Alpine and architectural niche projects — closely comparable to Maspero's bespoke inclined and panoramic elevator specialty.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCrx2tgfs9B6_XUiXNaCwltQ
• LinkedInlinkedin.com/company/maspero-elevatori-s-p-a
• Instagraminstagram.com/masperoelevatori

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Maspero Elevatori