NYC’s Champion Elevator Acquires Arctec Elevator Service

Welcome to the Elevator World News Podcast. Today’s podcast news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com NYC’s CHAMPION ELEVATOR ACQUIRES ARCTEC ELEVATOR SERVICE Champion Elevator Corp., headquartered in Manhattan, has acquired ARCTEC Elevator Service, Inc., a NYC-based provider of elevator service, repair, modernization and inspection, Champion announced in early April. Specializing in mid-market elevators in the NYC area, ARCTEC was founded in 1996. Former owners Chris Liakos and Renzo Carcich are introducing employees and customers and handling day-to-day management, including sales, operations and estimating. Champion said the acquisition strengthens the foundation for its expansion plans, for which it secured more than US$100 million in financing. "Geographic expansion is a strategic goal for Champion Elevator as the company works diligently to increase its service base and footprint," the company said. Image credit: courtesy of VFA Interlift To read the full transcript of today's podcast, visit: elevatorworld.com/news Subscribe to the Podcast: iTunes │ Google Play | SoundCloud │ Stitcher │ TuneIn