Mitsubishi is acquiring a second Irish lift company as the Japanese multinational looks to double down on its European elevator sales and installation business. Infinity Lifts is an Ennis-based business in the installation and maintenance of elevators and escalators. The acquisition comes a year after Mitsubishi acquired Ascension Lifts. The Co Clare company is headed up by co-founder and chief executive Garech McGuinness, the majority shareholder, with family members and a handful of others making up the rest of the share register. Mitsubishi stated that Infinity Lifts will continue to operate with its “strong local identity” and the existing management…

Want to continue reading?

Unlock full access to The Currency and The Wall Street Journal with an Annual membership and receive a free Samsonite suitcase – worth €235 delivered to your door.

Subscribe

Cancel at any time.

Are you already a member? .