FAIN Puertas (doors division)
FAIN Puertas (doors division) is an elevator company based in Spain. It employs approximately 30 people.
1 public people · 0 tender wins · 8 verified market signals
| Country | Spain |
|---|---|
| Region | Iberia · Europe · EMEA |
| Headquarters | Spain (within FAIN Group HQ infrastructure) |
| Employees | 30 |
| Fleet (est.) | ~10,000 units |
| Reported revenue | $6,000,000 USD (FY2025) |
| Market position | FAIN doors division — separate business unit launched Oct 2021. Fastest-growing FAIN segment by unit count (1,100 → 10,000+ in 4 years). €5.5M FY25. |
| Operates in | Spain primarily; cross-country FAIN group footprint potentially. Operates as separate unit within group. |
| Website | https://fain.es |
Public people
- Carmelo Moreno — Director (Partner), FAIN Puertas
Market signals
- Investor thesis: FAIN as leading European independent consolidator
FAIN = standout consolidator combining family ownership, M&A discipline (134 deals), Mitsubishi partnership, EU regulatory tailwind. Target €300M FY26.
- Spanish ITC-MIE-AEM-1 regulation drives consolidation tailwind for FAIN
New ITC-MIE-AEM-1 regulation creates compliance burden on small operators → consolidation opportunity for FAIN as integrator.
- FAIN buys 13 lift companies in 2025; raises forecast above €260M
FAIN integrated 13 acquisitions in 2025 across ES (5 cos), BE (D Lift, Quality Lift), NL (BellBoy), DK (Elecom — first Nordic entry), FR (1 co). 12K+ units + 168 professionals added.
- FAIN Group reaches €256.9M in 2025; targets €300M for 2026
FAIN FY25: €256.9M revenue (+17.8% YoY), 1,700 emp, 100K+ units. 13 acquisitions in 2025. Targeting €300M FY26.
- Spanish lift market hits €3.01B 2024; growing 4-5% annually toward €3.3B 2026
Spanish lift market €3.01B 2024 = FAIN €218M is 7.2% market share. Forecast 4-5% growth toward €3.3B 2026.
- FAIN ION elevators achieve Cradle to Cradle Bronze certification
ION + ION Adapt Cradle-to-Cradle Bronze certified Jul 2024. Sustainability/circular-economy positioning.
- FAIN aiming for European-elevator-giant status; 12 more acquisitions in pipeline
Apr 2024 ElEconomista feature with GM Rafael Fernández. Tracks unit growth 2014→2024 (37K→80K). Pipeline of 12 acquisitions across NL/BE/IE.
- FAIN Ascensores feature: 3rd-generation Spanish independent with Mitsubishi backing
ElevatorWorld interview with Gema Mediavilla. Covers 3-generation history, Mitsubishi partnership 2001+, ION product family.
Who wins lift work in Spain
1,196 tender notices · independents hold 14.3% of named wins
- TK Elevadores España,S.L. — 28 wins
- Orona S. Coop. — 24 wins
- Schindler, SA — 23 wins
- KONE Elevadores, S.A. — 17 wins
- Otis Mobility, S.A. — 16 wins
- TK Elevadores España, S.L.U — 12 wins
- ORONA, SOCIEDAD COOPERATIVA — 8 wins
- MAC PUAR ASCENSORES, S.L. — 4 wins
- Noster Ascensores SL — 3 wins
- ASCENSORES ERSCE SAU — 3 wins
- ASCENSORES ENOR, S.L. — 3 wins
- FAIN ASCENSORES, S.A. — 2 wins
By type of work
- maintenance — 523
- repair — 397
- modernization — 132
- new install — 99
Spain by type of work
- maintenance — 523 notices
- repair — 397 notices
- modernization — 132 notices
- new install — 99 notices
Spain market
- Companies profiled — 382
- Tender notices — 1,196
- Modernisation notices — 132
- Independents’ share — 14.3%
Compare markets — maintenance
Elevator maintenance contract notices over the last 24 months, Spain against comparable markets.
- Spain — 494 notices (this market)
- Italy — 3,124 notices
- France — 1,678 notices
- Greece — 873 notices
- Portugal — 617 notices
- Germany — 263 notices
- Belgium — 236 notices
Spain national portal — contrataciondelestado.es
226 lift notices published on Spain’s own procurement portal, shown in the original language.
- Servicio de mantenimiento integral anual de los ascensores del Faro de Moncloa — Madrid Destino Cultura Turismo y Negocio, S.A. (award)
- Instalación ascensor para la mejora de accesibilidad del Antiguo Ayuntamiento de Chelva — Alcaldía del Ayuntamiento de Chelva (tender)
- instalación de un ascensor accesible Colegio Público Ntra. Sra del Pilar — Alcaldía del Ayuntamiento de Monreal del Campo (award)
- Suministro de un variador de frecuencia de la Estación Elevador Iznájar 1 — Presidencia del Consejo de Administración de la Empresa Provincial de Aguas de Córdoba S.A. (award)
- L objecte del present contracte és l execució de les obres d instal·lació d un ascensor a l’immoble municipal Camp d en Prohom que acull el Museu de Ciències Naturals de Sóller. — Junta de Gobierno Local de l'Ajuntament de Sóller (tender)
- Instalación de ascensor en el Ayuntamiento de Toreno — Junta de Gobierno del Ayuntamiento de Toreno (award)
- Instalación de ascensor para mejora de accesibilidad en el Centro Cultural de Nantes en Sanxenxo — Alcaldía del Ayuntamiento de Sanxenxo (tender)
- Obra de sustitución del ascensor existente en el Centro de Salud de Sagunto, Avda Sants de la Pedra, 81, Sagunto. — Departamento de Salud de Sagunto. Dirección Económica-Gerencia (tender)
FAIN Group (FAIN Ascensores SA) in other markets
- FAIN Group (FAIN Ascensores SA)
- FAIN Ascenseurs France — 3 wins
- FAIN Ascensores Spain (HQ)
- FAIN Belgium (FAIN Ascenseurs Belgique)
- FAIN Denmark (Elecom)
- FAIN Ireland (formerly Otis Ireland subsidiary)
- FAIN Netherlands (BellBoy)
- FAIN Switzerland (LSM)