ARKEL, one of Turkey’s most prominent elevator electronics manufacturers, has entered a transformative stage of global expansion by forming a strategic partnership with Innovalift, a subsidiary of Sweden-based LATOUR Holding. This acquisition marks not only a financial investment but also the beginning of a long-term collaboration aimed at strengthening ARKEL’s global presence, technological capacity, and operational performance.

A key factor in the merger was the alignment of corporate values and long-term strategies. LATOUR’s philosophy of sustainable, long-term investment perfectly complements ARKEL’s forward-looking approach to innovation and international growth. CEO Cenk Ceylan emphasized this harmony, stating: “This is more than a purchase—it is a meeting of visions that will shape the future.”

As part of Innovalift’s established approach, ARKEL will maintain its brand identity, organizational structure, and operational independence. The company’s existing management will continue to lead operations, ensuring stability and continuity. However, deeper technical cooperation within the Innovalift ecosystem will enhance project execution speed, quality, and efficiency.

The partnership redefines ARKEL’s global export roadmap. While Europe remains a strong market, the company is now expanding aggressively into the Asia-Pacific and Middle Eastern regions. A new production facility planned for India is expected to become a strategic hub for regional manufacturing, logistics, and supply chain optimization.

ARKEL’s well-established R&D capabilities gain further strength through LATOUR’s emphasis on digitalization, sustainability, and next-generation industrial practices. Through knowledge sharing within the group, ARKEL’s engineering teams are developing advanced systems such as ARMAXX and designing new digital solutions that address global market demands.

Following the acquisition, ARKEL expanded its technological portfolio with cloud-based monitoring systems, predictive maintenance tools, IoT-integrated platforms, and remote management solutions. These products accelerate the company’s transition from a regional electronics manufacturer into a global leader in smart elevator technologies.

Innovalift’s decentralized yet synergistic management model provides cost optimization in procurement and operations, while maintaining the robustness of ARKEL’s existing supply chain. Cultural integration is strengthened through digital communication tools, training programs, and cross-company collaboration, ensuring that institutional knowledge is preserved and employee engagement remains strong.

This merger is widely regarded as a defining milestone for ARKEL and a strategic development that will influence the wider elevator industry for years to come.