# Alimak Group completes acquisition of Tractel

Alimak Group AB has completed the acquisition of Tractel, a provider of height solutions, to create a global provider of sustainable premium height solutions with annual revenue above SEK 6 billion.

- Type: Acquisition
- Announced: 2022-11-21
- Status: completed
- Products: height solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Alimak Group](https://endata.com/companies/19539.md) (acquirer)
- [Tractel](https://endata.com/companies/64495.md) (target)

## Sources

- [corporate.alimakgroup.com](https://corporate.alimakgroup.com/en/alimak-group-has-completed-the-acquisition-of-tractel/), 2022-11-21: "I am excited to welcome Tractel and its highly skilled employees around the world to the Alimak Group."
- [tractel.com](https://www.tractel.com/global/news/2022/11/alimak-group-completed-acquisition-of-tractel), 2022-11-22: "The acquisition accelerates Alimak Group’s profitable growth strategy and creates a highly profitable global provider of sustainable premium height solutions with an annual revenue of above BSEK 6."

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