Interview with Andrea Veggian, CEO of our group company Innovalift.
What is your roll in Innovalift?
– I am the CEO since beginning of the year.
What’s your background?
– After the technical study I started to work as entrepreneur in my family company producing chillers and heat pumps. I worked there for 15 years till we decided to sell the business to Swegon. This was how I entered Latour family. I then worked as senior executive for Swegon till 2018 when I got the opportunity to join Vimec as CEO and starting to know the lift industry. In the coming year we add Vega and Esseti where I was acting as chairman of the board. Then in fall 2023 I got the assignment to put together all the lift related business under one Business Area and tighter with Niclas Nylund (our CFO) we created Innovalift AB.
What’s your favorite sport?
– I am very interested in sports, mainly football, tennis, padel, skiing, running, motorbikes etc.
Before you started in this business, did you know anything about Motala?
– I heard about the cycling race, but to be honest I was not aware of any of the lift company beside the big four.
What do you think is Motala Hissar strength?
– Simple: largest inside, smallest outside! Beside that a lot of competence on manufacturing with a lot of vertical integration process and automation in production. We are happy to continue to invest on this because Motala Hissar has proven they can take very good care of the investment.
What is Innovalifts strength?
– Innovalift strength is leverage a set of great brands which can leverage the technological competences we have within the lift industry and our culture which is based on teamwork and entrepreneurial spirit.
What’s the purpose for Innovalift?
– To move people forward – in life, imagination, and possibilities.
Last question, Pizza or pasta?
– Impossible for an Italian to choose. Both!
We are Innovalift
– A business area within Latour
Innovalift is a group of leading companies designing, manufacturing, and installing vertical and inclined platform lifts, stair lifts, and elevator components. We serve lift companies on new lift installations and modernization projects around the world. Our companies center around high innovation pace, superior product quality, nice design, and sustainability.
Our history began in 2016 when Latour Industries acquired Aritco Group, at that time consisting of Aritco Lift and Gartec. In the following years, Vimec, TKS Heis, and Motala Hissar were added, together creating an international group of leading platform lift companies. In 2021, Latour Industries entered into the elevator components and modernization market through the acquisition of Vega. Subsequently, Esse-Ti and BS Tableau were added to the family of components and modernization companies.
In 2024, Innovalift was born as a new business area of Investment AB Latour, by gathering all the companies in one group. Altogether, our companies employ c. 850 colleagues and have a combined turnover of c. SEK 2.5bn (2023).
