Riwal acquires AH-Lift
By Euan Youdale02 January 2019
Riwal has acquired Denmark-based rental company AH-Lift.
AH-Lift specialises in MEWPs and is located in Hvidovre, near Copenhagen, where the company was founded 30 years ago. It has 20 employees and operates a fleet of around 200 machines, including the usual mix of boom lifts and scissor lifts, and a large number of special platforms, such as large tracked platforms and truck mounted platforms.
AH-lift and Riwal will initially operate independently as two companies, but over time the AH-Lift depot and its employees will be integrated into the Danish Riwal depot network, increasing its there depots to six. The AH-Lift owners and key managers will remain with the business and continue to run the company under the leadership of Riwal Denmark country manager, Claus Kromann.
Søren Rosenkrands, Riwal’s chief business development officer, commented, “The acquisition of AH-Lift ApS enables Riwal to further strengthen its market position in Denmark. Riwal and AH-Lift are a perfect fit as both companies are specialists in powered access and have a complementary customer base because of their diversified products. AH-Lift has a strong focus on the rental of truck mounted platforms as well as spider lifts, which will be beneficial to further expand our business in that market segment across Denmark. We warmly welcome all of the AH-Lift employees into the Riwal family.”
Finn Aaberg, AH-Lift’s owner and managing director added, “We are pleased that our company is teaming up with the Danish market leader in powered access rental and I am confident that we will be able to further grow our product portfolio of niche products, which will be to the benefit of our customers and at the same time our employees will be able to take part in new development opportunities within the Riwal Group.”