West-Midlands crane company poised for new heights following acquisitions

West-Midlands-based Deltron Group, which installs and maintains elevators, has acquired five complementary businesses in recent months to accelerate its growth in the UK, said investor LDC, part of Lloyds banking group, which is backing the company.

The acquisitions – all completed since LDC backed Deltron’s management team in July – include Metro Lifts (London), Elevate UK Lifts (Stourport-on-Severn), Elevator Group (London), A1 Lifts (Liverpool) and Lift Control (Livingston) .

READ MORE: LDC invests in Deltron to support growth strategy

Under the leadership of directors Scott Haywood and Lukas Schlenker, the Dudley-based company has experienced significant growth.

“Our partnership with LDC has helped us rapidly accelerate our growth strategy. Elevate, Elevator Group, A1 Lifts, Metro and Lift Control are highly respected companies and, importantly, share our values ​​of service quality and technical competence,” said Schlenker.

“Their addition to the Group broadens our reach and deepens our collective knowledge and experience, and we look forward to continuing to grow together.”

The company currently employs 160 people and has approximately 12,000 units in the UK.

Matt Newbold, investment director at LDC in the West Midlands, added: “These acquisitions significantly increase the scale of the Group’s business and our focus is now on helping it to grow further through additional acquisitions and further investment in their market-leading services.”