FAIN Group (FAIN Ascensores SA)
FAIN Group (FAIN Ascensores SA) is an elevator manufacturer, founded in 1972. It employs approximately 1,700 people. Equipment brands include FAIN, Mitsubishi, ION, ION Green Solar.
5 public people · 0 tender wins · 0 verified market signals
| Founded | 1972 |
|---|---|
| Region | Europe |
| Headquarters | Calle Doctor Esquerdo 57, 28007 Madrid, Spain. Phone +34 91 409 31 01. |
| Employees | 1,700 |
| Fleet (est.) | ~100,000 units |
| Reported revenue | $280,000,000 USD (FY2025) |
| Equipment brands | FAIN, Mitsubishi, ION, ION Green Solar, multi-brand |
| Market position | #2 lift OEM in Spain by revenue (largest Spanish-owned independent). 7-country European footprint. Family-owned (Mediavilla, 3rd-gen). Aggressive M&A consolidator: 134 acquisitions since 1972, 13 in 2025 alone. Exclusive Mitsubishi distributor for Spain/Portugal since 2001. |
| Operates in | 7 countries: Spain (HQ Madrid, €154.5M), Belgium (€48.9M, #3), Ireland (€18.9M, #1), France (€15.7M, since 2013), Denmark (€7.7M, since 2025), Switzerland (€6.4M), Netherlands (€4.9M). Plus FAIN Puertas (doors): €5.5M. |
| Phone | +34 91 409 31 01 |
| Website | https://fain-elevators.com |
Public people
- Gema Mediavilla — Director of Marketing & Communication, FAIN Group
- Rafael Fernández — General Director, FAIN Group
- Nicolás Mediavilla — President, FAIN Group
- Oscar Blanco — Public-listed FAIN Ascensores contact
- Florencio Mediavilla