Koninklijke Otolift Trapliften has secured a partnership with investment firm NPM Capital to enhance its international growth prospects while solidifying its long-term shareholder base.
Target Company Overview
Koninklijke Otolift Trapliften, based in Bergambacht, is a leading Dutch firm specializing in the development, production, installation, and maintenance of stairlifts. Founded in 1891 and now run by the fourth generation of the Ooms family, Otolift has established itself as a market leader in the stairlift industry. The company serves a diverse clientele through an extensive dealership network and maintains a presence in 48 countries worldwide—including local sales offices in Belgium, France, Italy, Spain, and the United Kingdom.
With a robust annual revenue exceeding €150 million as of 2021, Otolift has experienced significant growth in the past few years, driven by increasing sales and rentals of both new and second-hand stairlifts. Operating out of its 15,000 square meter production facility in the Netherlands and a second production site in Slovakia, Otolift employs approximately 700 people and has developed an extensive European service network, featuring over 110 mechanics for 24/7 support in the Netherlands alone.
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Industry Overview in the Netherlands
The Dutch stairlift industry has benefited from an ageing population and a growing emphasis on encouraging independent living for the elderly and disabled. As demand for mobility solutions continues to rise, compa
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NPM Capital
invested in
Koninklijke Otolift Trapliften
in 2023
in a Growth Equity & Expansion Capital deal
Disclosed details
Revenue: $162M