About us

Our story

Our history began in 2016 when Latour Industries acquired Aritco Group, at that time consisting of Aritco Lift and Gartec. In the following years, Vimec, TKS Heis, and Motala Hissar were added, together creating an international group of leading platform lift companies. In 2021, Latour Industries entered into the elevator components and modernization market through the acquisition of Vega. Subsequently, Esse-Ti and BS Tableau were added to the family of components and modernization companies.

In 2024, Innovalift was born as a new business area of Investment AB Latour, by gathering all the companies in one group. Altogether, our companies employ c. 1218 colleagues and have a combined turnover of c. SEK 3.3bn (2024).

Our philosophy

All our companies are born and raised through an entrepreneurial spirit. For us this spirit is fundamental in our growth strategy. By letting each one’s skills, knowledge and drive come together in cross company collaboration programs we do not only get the best of each company but also creating a “we” power. Fertilization of ideas and learning from each other creates an open atmosphere where we put trust in each other, take pride in sharing and delivering with local ownership.

Vision and Mission

Our mission is to move people - no matter if you are a private individual looking for increased mobility or comfort in your home, a property owner wishing to offer increased accessibility in public spaces, or a lift company seeking the latest technology in your installations. With our passion for products, technology, quality, and sustainability, we move people forward - in life, imagination, and possibilities.

Sustainability

“Our sustainability journey reflects our commitment to moving people forward with innovative solutions, empowering our customers to achieve sustainable growth, and creating a better world for generations to come.”

At Innovalift our greatest impact on sustainability is by supporting and driving sustainability programmes together with our wholly owned companies. Together we focus on the areas of energy efficiency, safety, recycling, sustainable manufacturing and workplace health.

Long-term values are created by developing sustainable operations and within the group we are confident that commitment to the environment and people is essential for developing in a positive direction.

SBTi Commitment

“SBTi commitment is a tangible sign of our agenda for the future. Inevitably the demands from the market will rapidly change and especially the young generation will have a completely different approach and consciousness about the climate agenda.”

In January 2025, Innovalift together with the individual companies further developed the joint strategic sustainability journey by as a group committing to net-zero as part of the Science Based Targets initiative. Taking climate action is a part of the strategic agenda on sustainability and we are proud to take the first step to commit to SBTi’s global movement for ambitious corporate decarbonization.

In 2024, we introduced the mapping of Greenhouse Gas Protocol (GHG Protocol) for all our companies. These calculations follow the principles outlined by the GHG Protocol, an initiative that assists organizations and companies in tracking their emissions and making informed actions toward achieving sustainability goals.

Our focus for 2025 is now to develop and submit targets to the Science Based Targets initiative, establish key decarbonization plans for all our organizations and integrate governance of targets and reporting of progress in Innovalift operating model.

About the Science Based Targets initiative

The Science Based Targets initiative (SBTi) is a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating the climate crisis.

SBTi develops standards, tools and guidance which allow companies to set greenhouse gas (GHG) emissions reductions targets in line with what is needed to keep global heating below catastrophic levels and reach net-zero by 2050 at the latest.

The SBTi is incorporated as a charity, with a subsidiary which will host the target validation services. Partners are CDP, the United Nations Global Compact, the We Mean Business Coalition, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF).

Reports

As a wholly owned business area, we do not give any reports separately. Click on the links below, to read more in the Investment AB Latour reports.

Reports and presentations | Latour

Career

Ready to move people forward? Dive into our career opportunities and find your perfect place at Innovalift. Together, we can shape the future.

Innovalift career page

News

Innovalift company Esse-Ti acquires Syntium Lifts in UK

19 May 2025

Esse-Ti, part of the Innovalift group, acquire 100 per cent of the shares in Syntium Lifts (“Syntium”), based in Kent in the UK, to expand its geographical reach of lift communication products for lifts and elevators.

Syntium is a leading UK specialist distributor of lift communication products for elevators, primarily for the growing modernization segment. The company, founded in 2010 by Dave O’Brien, sells complete lift communication solutions such as autodialler units, evacuation intercom systems and routers with associated SIM card services.

Innovalift AB have committed to set near- and long-term company-wide emission reductions in line with science-based net-zero with the SBTi

19 May 2025

Innovalift completes acquisition of Arkel

23 January 2025

On July 19th, 2024, Innovalift AB (wholly owned subsidiary of Investment AB Latour) signed an agreement to acquire Arkel based in based in Istanbul, Türkiye to expand our geographic reach and complement our product portfolio of components for elevators. All closing conditions have now been fulfilled, and the transaction was closed on January 23rd, 2025.

Innovalift acquires lift component manufacturer Arkel, Türkiye

19 July 2024

This week Innovalift signed an agreement to acquire 100 per cent of the shares in Arkel based in Istanbul, Türkiye to expand its geographic reach and complement its product portfolio of components for elevators.

Investment AB Latour

13 May 2024

On Friday April 26th, Investment AB Latour announced a new business area in Innovalift. After the first acquisition in 2016, Latour Industries have nurtured and developed a portfolio of platform lift and lift component companies which today consists of Vimec, Aritco Lift, Motala Hissar, Gartec, TKS Heis, VEGA, Esse-Ti and BS Tableau, that are now ready to be the foundation of a 7th business area of its own.