# Veslatec acquires Nordlift Oy

Veslatec has acquired Sodankylä-based lifting equipment manufacturer Nordlift Oy on December 11, 2023, making Nordlift a subsidiary to strengthen Veslatec's position in international markets and expand product selection.

- Type: Acquisition
- Announced: 2023-12-21
- Where: Sodankylä, Finland, Finland
- Status: completed
- Products: lifting equipment, special lifts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Veslatec](https://endata.com/companies/74586.md) (acquirer)
- [Nordlift Oy](https://endata.com/companies/74587.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20231220539875/en/Veslatec-Acquires-a-Pioneer-in-Lifting-Equipment-Manufacturing-Sets-Sights-on-International-Markets), 2023-12-21: "Veslatec has acquired the lifting equipment manufacturer Nordlift Oy in December."
- [railway.supply](https://www.railway.supply/veslatec-has-acquired-the-lift-technology-manufacturer-nordlift/), 2024-01-05: "Veslatec has acquired the lift technology manufacturer Nordlift, known for producing equipment capable of lifting entire train compositions."

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