# Cibes Lift Group acquires 100% of GS-Aufzüge Cibes GmbH

Cibes Lift Group acquired full ownership of its Austrian partner GS-Aufzüge Cibes GmbH on January 7, 2020, to strengthen its position in Austria and German-speaking countries.

- Type: Acquisition
- Announced: 2020-01-07
- Where: Austria, Austria
- Status: completed
- Products: home lifts, elevators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Cibes Lift Group](https://endata.com/companies/44809.md) (acquirer)
- [GS-Aufzüge Cibes GmbH](https://endata.com/companies/44810.md) (target)

## Sources

- [cibesliftgroup.com](https://cibesliftgroup.com/blog/cibes-acquires-100-of-austrian-partner), 2020-01-27: "We are delighted that GS-Aufzüge Cibes GmbH has agreed to become a full member of the Cibes family."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.