Civinity strengthens its Balkan footprint with the EUR 2.44 million acquisition of Croatia’s Metus lift maintenance business
Executive summary: Civinity completed the acquisition of Metus and Metus Service, two Croatian lift‑maintenance firms, from Sdiptech for EUR 2.44 million, securing 100 % ownership. The transaction adds close to 3,000 lifts to Civinity’s portfolio and extends its geographic reach into the Southeast European building‑maintenance sector.
Who is involved: Civinity (Lithuania), Metus/Metus Service (Croatia), Sdiptech (Sweden).
Likely next: Integration of Metus operations into Civinity’s reporting structure, realization of cost synergies, and potential follow‑on M&A in the Adriatic lift‑service market.
Civinity, a Lithuanian building‑maintenance, engineering and technology solutions group, has completed the purchase of the Croatian lift companies Metus and Metus Service from Sweden’s Sdiptech for EUR 2.44 million, gaining full ownership. The deal adds nearly 3,000 elevators to Civinity’s service portfolio and expands its presence in Southeast Europe’s facility‑management market. No regulatory hurdles were indicated in the announcement, and the transaction is positioned as a bolt‑on to bolster Civinity’s regional scale.
Timeline
- — Civinity completes acquisition of Metus, which maintains nearly 3,000 lifts in Croatia (GlobeNewswire)
Analysis — what this means
Sectors affected
- building maintenance, engineering and technology solutions group
- Croatian lift maintenance sector
Key entities
Sources
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