SafeWorks, manufacturer of suspended access products and a portfolio company of Evergreen Pacific Partners, has acquired DualLift (DL), a Germany-based manufacturer of traction hoists. According to SafeWorks, the combined companies have created the largest manufacturer of traction hoists in the world.
SafeWorks was founded nearly 70 years ago and offers integrated 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 was founded in 2008 and is a supplier of personnel-lifting hoists (400KG -2500KG) to commercial elevator companies and manufacturers of
wind turbine elevators. The company has a full line of electric traction hoists designed for material lifting.
The companies offer complementary benefits, with SafeWorks providing DualLift access to the North American sales and rental markets, along with drum hoists, modular and custom platforms, special application solution expertise and additional engineering capacity. DualLift provides SafeWorks with improved market access in Germany, one of the biggest markets in Europe, and in combination with SafeWorks’ technical resources, helps increase 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,” said 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. We’re excited to be part of the SafeWorks team.”