Savaria - M&A Summary, Ownership, and Business Overview

MachineryCompany

Savaria M&A Summary

Savaria has acquired 9 companies of its own, including 2 in the last 5 years.

Savaria’s largest acquisition to date was in 2021, when it acquired Handicare Group AB for $402M. Savaria has acquired in 4 different US states, and 3 countries. The Company’s most targeted sectors include automotive (23%) and business services (23%).

Savaria Ownership

Who owns Savaria?

Savaria is owned by Harman International Industries. It was acquired on February 26, 2021.

Savaria Business Overview

Where is Savaria headquartered?

Savaria is headquartered in Laval, Quebec.

What is Savaria’s revenue?

Savaria disclosed revenue of 374M CAD for 2019 and 286M CAD for 2018.

How many employees does Savaria have?

Savaria has 1,400 employees.

What sector is Savaria in?

Savaria is a machinery company.

When was Savaria founded?

Savaria was founded in 1979.

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity9
  • Total Sectors Invested 6
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 2
  • M&A Advisors 5

Savaria Corp.

4350 Highway 13,
Laval, Quebec H7R 6E9
Canada,
(450) 681-5655
www.savaria.com

Savaria Corp. is a designer, manufacturer, distributor and installs primarily elevators for home and commercial use, as well as stairlifts and vertical and inclined platform lifts. Savaria has built thousands of lifts and elevators used around the world to help improve access for wheelchair users and other mobility challenged people in the home and in public spaces. Savaria was founded in 1979 and is based in Laval, Canada.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 7 - 1 - - 1 9
vol $89M $402M $491M
Sell (0.0/yr) # - - - - - - 0
  9

Most Recent M&A

Company Date Value Type
Matot - Dumbwaiter and Material Lift Assets 2024-04-08 - Divestiture
Bellwood, Illinois
Handicare Group AB 2021-01-27 402M SEK Add-on Acquisition
Stockholm, Sweden · www.handicaregroup.com
H.E.S. Elevator Services, Inc. 2018-04-12 1M USD Add-on Acquisition
Denver, Colorado · www.heselevatorservices.com
Span-America Medical Systems, Inc. 2017-05-01 80M USD Add-on Acquisition
Greenville, South Carolina · www.spanamerica.com
Premier Lifts, Inc. 2017-02-01 4M USD Add-on Acquisition
Timonium, Maryland · www.premierlifts.com
Shoppers Home Health Care (Canada), Inc. - Automotive Division 2016-04-06 - Divestiture
Toronto, Ontario
Freedom Motors, Inc. (dba Viewpoint Mobility) 2010-08-05 - Add-on Acquisition
Oakville, Ontario · www.wheelchairvans.ca
Liberty Motor Co. Inc. 2010-08-05 - Add-on Acquisition
Oakville, Ontario
Concord Elevator (London) Ltd. 2010-02-03 4M USD Add-on Acquisition
London, Ontario · www.concordlondon.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Automotive 2 (22%) - - -
Business Services 2 (22%) 5M (1%) - -
Machinery 2 (22%) 4M (1%) - -
Consumer Products 1 (11%) 402M (82%) - -
Manufacturing 1 (11%) 80M (16%) - -
Retail 1 (11%) - - -
Total 9 $491M - -

By Geo

State/Country Buy Value Sell Value
Canada 4 4M - -
  Ontario 4 4M - -
United States 4 85M - -
  South Carolina 1 80M - -
  Maryland 1 4M - -
  Illinois 1 - - -
  Colorado 1 1M - -
Sweden 1 402M - -
Domestic 4 (44%) 4M (1%) - -
Cross-border 5 (56%) 487M (99%) - -
Total 9 $491M - -

Top M&A Advisors

Financial Deals
National Bank Financial
1
Laurentian Bank Securities, Inc.
1
Legal Deals
Blake, Cassels & Graydon
3
Paul, Weiss, Rifkind, Wharton & Garrison
1
Hannes Snellman
1

Deal Values

buy # Total
$100M to $1B 1 $402M
< $100M 4 $89M
TOTAL $491M
Largest Handicare Group AB
$402M (2021-01-27)

M&A Connections

Deals
Acquired from
Strategic(s)
22%
2 (22%)

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