Savaria acquires Italy's elevator maker Vipal
Seeking Alpha ·
Savaria Corporation ( SISXF ) on Thursday said it acquired all issued and outstanding shares of Vipal S.p.A., a residential lift and elevator manufacturer based in Ferentillo, Italy. The acquisition provides Savaria with a scalable 64,600 sq. ft. factory and vertically integrated elevator manufacturing capabilities in Europe. Vipal generated sales of around €8.2M or C$13.3M for the trailing twelve months. The financial terms of the transaction were not disclosed. Savaria Corporation (SIS:CA) Q1 2026 Earnings Call Transcript Savaria Corporation (SIS:CA) Analyst/Investor Day - Slideshow Historical earnings data for Savaria Corporation Dividend scorecard for Savaria Corporation Financial information for Savaria Corporation
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