Langer & Laumann Elevation GmbH (“L+L” or the “Company”), majority owned and supported by Norvestor IX SCSp, has completed a majority investment in Complete Plant Maintenance Engineering Ltd (“CPM”), together with its subsidiary Northern Drives & Controls Limited (“NDC”), a UK-based provider of elevator and industrial electromechanical repair services. As part of the transaction, CPM’s owners David and Jordan Griffin have reinvested into the new platform.

The combination creates a compelling, mutually beneficial partnership that significantly strengthens both companies’ positions in the European elevator aftermarket by bringing together L+L’s strong presence in the DACH region with CPM/NDC’s leading position in the UK and US. It also establishes a group with a broader, more diversified offering across critical elevator components, with the combined business approaching EUR 40 million in revenue. For customers, the combination means broader technical capabilities and a more comprehensive one‑stop offering for modernisation, repair and maintenance of critical elevator systems across Europe and the US.

CPM, together with its subsidiary NDC, is an engineering group based in Manchester, specializing in 24/7 repair, replacement, and maintenance services for electronic, electrical and mechanical equipment, with a particular focus on elevators and associated drive systems, motors, and gearboxes. Through its rapid response field service teams and workshop capabilities, CPM/NDC supports a broad customer base of elevator companies, facility managers and building owners across the UK, the US, Spain and Germany.

Norvestor IX initially partnered with L+L in 2023, sharing an ambition to further both organic growth and implement a focused acquisition strategy to build a leading independent European platform within elevator drive, control and maintenance services. The acquisition of CPM and NDC clearly enacts this strategy, adding a complementary UK platform with a strong position in the US and capabilities in the repair and maintenance of critical elevator components, underpinned by deep experience in keeping elevator systems running safely and reliably.

“We are very pleased to welcome CPM and NDC into the L+L family. Both businesses have a strong heritage in the elevator market and share a clear focus on safety, reliability and minimizing downtime in critical elevator applications. By combining L+L’s leading retrofit door drive and control solutions with CPM/NDC’s 24/7 elevator drive service and workshop capabilities, we will be able to support our customers across multiple areas of the elevator,” say Florian Rauch and Carsten Blanke, Co-Managing Directors of L+L.

David and Jordan Griffin, Directors and co-owners of CPM, add “We are excited to partner with L+L and Norvestor IX for the next stage of CPM and NDC’s journey. We have built our business around being there for our customers when it matters most – keeping elevators moving safely and getting critical systems back up and running as quickly as possible. Joining forces with L+L gives us access to a broader portfolio, deeper technical expertise, and a strong foothold in continental Europe, while allowing us to stay true to the service-led culture that our customers value.”

“CPM and NDC are a strong strategic fit for L+L and an important step in building a leading independent European elevator aftermarket platform. The combined group brings together recognized specialists in critical elevator repair across drives, doors and controls. Together, they will be able to offer a broader, integrated proposition to elevator companies, building owners, and facility managers across Europe and the US, with best-in-class solutions for modernization, repair, and maintenance of elevator systems,” says Tor Erling Gunnerød, Partner at Norvestor Advisory and Chair of L+L.

About Langer & Laumann
L+L is a leading specialist in retrofit drive and control systems and critical elevator door components, with a strong market position in the DACH region. The company serves elevator OEMs, service companies and property owners with high-quality solutions for elevator modernisation and reliable operation. Read more at www.lul-ing.de

About Complete Plant Maintenance Engineering
Complete Plant Maintenance Engineering Ltd is a UK-based provider of elevator and industrial electromechanical maintenance services. CPM focuses on the maintenance and modernisation of critical elevator components, offering 24/7 service solutions to ensure safe, efficient and uninterrupted operation for its customers across the UK. Read more at www.cpm-uk.com and www.ndc-uk.com.

About Norvestor
Norvestor Advisory is a leading private equity company focusing on mid-market buyouts in the Nordic region. The team has worked together since 1991, making it one of the most experienced private equity teams in the Nordics, having executed 100 investments with more than 750 add-on acquisitions, in addition to executing 68 exits, including 16 IPOs. The Norvestor funds seek to invest in growth companies in the Nordic mid-market that have the potential to achieve a leading Nordic or international position, typically through organic growth, acquisitions across fragmented industries or by geographic expansion.