News
LANGER+LAUMANN Group acquires a majority stake in CPM and NDC
The LANGER+LAUMANN Group has acquired a majority stake in the British company Complete Plant Maintenance Engineering Ltd. (CPM) and its subsidiary Northern Drives & Controls Ltd. (NDC). The transaction was carried out with support from our majority shareholder, Norvestor IX SCSp.
CPM and NDC are UK-based providers of repair, replacement and support services, with a particular focus on drive technology and power electronics for lifts, industry and solar applications. This investment brings additional expertise, enabling us to expand our technical capabilities in a targeted manner without compromising our clear focus on lift applications.
The merger will create an expanded platform in the European lift aftermarket, with a stronger presence in the UK, continental Europe and the US.
The core business of LANGER+LAUMANNʼs remains the lift sector. In addition, we already offer solutions for automated applications in the machine tools, windows and doors sectors.
Stronger together
This step enables us to:
- a broader and more diverse range of solutions for the modernisation, repair and maintenance of lift systems,
- additional technical expertise across the value chain for critical lift components,
- an improved international positioning of the affiliated companies,
- the realization of synergies in development, service and logistics to further improve availability, response times and service quality.
Together with CPM and NDC, we are taking a decisive step towards further developing our range of services and strengthening our long-term position in the European lift aftermarket. At the same time, we are systematically expanding our existing business areas in order to offer our customers an even wider range of innovative solutions in the future.
The merger will not affect existing contracts, procedures or contacts at LANGER+LAUMANN. Our usual business relationships and processes will remain unchanged.
The companies involved
Further information on the companies involved can be found at:
- Complete Plant Maintenance Engineering (CPM): www.cpm-uk.com
- Northern Drives & Controls (NDC): www.ndc-uk.com
- Norvestor: www.norvestor.com