The Canadian manufacturer of building maintenance units, suspended platforms and fall protection systems will join Alimak Group’s Facade Access division.
Alimak Group has agreed to acquire Canadian suspended access and fall protection specialist Pro-Bel for MSEK1.37bn, around US$142m.
Pro-Bel is based near Toronto and employs around 140 people. The company reported revenue of MSEK473m, equivalent to about US$49m.
Its product range includes permanent building maintenance units, suspended access platforms, davit arm systems, outrigger beams and fall protection anchors.
The business will become part of Alimak Group’s Facade Access division once the transaction is completed.
Alimak said the deal would strengthen its position in North America and increase its exposure to the low and mid-rise building market.
The group also plans to introduce Pro-Bel’s products into other countries through its existing sales network.
Ole Kristian Jødahl, president and CEO of Alimak Group, said: “Pro-Bel is a strong strategic fit for Alimak Group and supports our strategy to further diversify the business and increase resilience.
“The acquisition strengthens our position in North America, expands our offering and adds a highly profitable business with a proven track record of maintaining high profitability over time.
“Together, we will be even better positioned to create value for customers and continue delivering profitable growth for our owners.”
Pro-Bel founder and chief executive Marc Lebel will remain with the company during a transition period to support the integration.
Lebel said: “We are pleased to join Alimak Group and become part of a global leader in access and safety solutions.
“Alimak Group shares our long-term perspective, customer focus and commitment to quality and safety.”
The transaction is expected to close before the end of July 2026.