SafeWorks, a global leader in the design and manufacture of suspended access products and a portfolio company of Evergreen Pacific Partners, has acquired Dual Lift GmbH, a Germany-based manufacturer of traction hoists. With complementary product offerings, the combined companies are the largest manufacturer of traction hoists in the world, according to SafeWorks.
SafeWorks, which was founded almost 70 years ago, offers manufacturing and engineering solutions for customers that require aerial access for construction, repair or maintenance. SafeWorks designs and builds hoists, service lifts, climb assist systems, platforms, rigging devices and other safety products and provides training and services.
DualLift, which was founded in 2008, is a man-lifting hoist supplier to commercial elevator companies and manufacturers of wind turbine elevators. The company offers a full line of electric traction hoists designed for material lifting.
SafeWorks will provide DualLift access to the North American rental and sales markets, along with drum hoists, modular and custom platforms, special application solution expertise and additional engineering capacity. DualLift will provide SafeWorks improved market access in Germany, which is the biggest market in Europe, and, in combination with SafeWorks’ technical resources, increases SafeWorks’ product development capability and inventiveness.
“By joining forces with DualLift, both companies become stronger, better able to serve our customers with innovative new products and grow our global market share,” said Scott Farrell, CEO of SafeWorks. “We share a common culture of customer focus, teamwork and building products that protect the safety of our customers’ employees, and we’re looking forward to a great future. The acquisition of DualLift is evidence of SafeWorks’ plan to grow the business by significant internal investment and additional follow-on acquisitions.”
“The DualLift team is a great success story of an innovator in the electric traction hoist market,” added Jörg Blasek, president and founder of DualLift. “Together with SafeWorks, our combined capabilities, products and services are an excellent fit and both companies share the same approach of focusing on superior customer satisfaction.”
SafeWorks’ products are used on commercial real estate projects, in the construction, maintenance, repair and overhaul market for heavy machinery and equipment and on industrial facilities.