Otis UK sold its entire shareholding in Dartford-based lift services provider Liftec Express to London Rcapital Partners on June 2 2025. Liftec Express services Houses of Parliament, Bank of England, BT Tower, Lloyds of London. Otis VP & GM UK & Nordics Aleš Korotvička: sale allows Otis UK to focus on growth of core UK business. Sam Duberley, Investment Director Rcapital: established and market-leading brand in British lift industry.
Otis sells Liftec Express to Rcapital Partners
At a Glance
Otis UK divests Liftec Express to PE firm Rcapital Partners (May/Jun 2025). Marquee public-sector contracts retained.
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Original source: https://www.insidermedia.com/news/national/otis-sells-stake-in-business-which-provides-lift-services-to-houses-of-parliament-and-bt-tower