Savaria Corp Expands Presence with Acquisition of Western Elevator on West Coast
- Savaria Corp acquires Western Elevator to strengthen its market presence and expand accessibility offerings on the West Coast.
- Western Elevator will continue operating under Savaria, ensuring continuity and integrating Savaria's resources for enhanced service delivery.
- The acquisition emphasizes Savaria's commitment to innovation and improving quality of life through advanced mobility solutions.
Savaria Corp Expands West Coast Reach with Western Elevator Acquisition
Savaria Corporation, a leading player in the global accessibility industry, announces a significant strategic move by acquiring Western Elevator Ltd., a respected home elevator and lift dealer based in Coquitlam, British Columbia. This acquisition, made public on May 8, 2025, is not only a testament to Savaria's commitment to enhancing its market presence on the West Coast but also reflects its broader ambition to diversify and expand its offerings in the accessibility sector. With Western generating approximately $7.5 million in revenue in 2024, this partnership is poised to benefit both companies, leveraging Western's established reputation for quality and expertise in the luxury custom home market.
Western Elevator has been a trusted dealer for Savaria for over two decades, providing high-quality installation services to both residential and commercial clients in the Vancouver area. The company's founders, Alan Bodnaruk and Cameron Pomeroy, will continue to lead Western as a division under Savaria, ensuring continuity for existing customers and employees. This seamless transition is crucial, as it allows for the integration of Savaria's extensive resources and product range while maintaining the local expertise that Western is known for. The acquisition aligns perfectly with Savaria’s strategic goals of expanding its footprint and enhancing service delivery in a region characterized by a growing demand for accessibility solutions.
Alex Bourassa, President of Accessibility North America at Savaria, expresses optimism about the integration, emphasizing the potential for growth and collaboration. Savaria is already renowned for its wide array of accessibility solutions, including stairlifts and wheelchair lifts, and this acquisition is expected to strengthen its capabilities further. With a workforce of around 2,500 employees and manufacturing facilities across various countries, Savaria is well-equipped to drive innovation and improve mobility solutions for individuals facing physical challenges. This acquisition is not merely about increasing market share but represents a commitment to enhancing the quality of life for clients through improved access and independence.
In addition to the acquisition, Savaria’s ongoing initiatives reflect a dedication to innovation within the accessibility sector. The company continuously invests in research and development to refine its products and service offerings, ensuring they meet the evolving needs of users. By integrating Western Elevator into its operations, Savaria reinforces its position as a leader in providing high-quality mobility solutions tailored to diverse customer requirements.
As Savaria Corp moves forward with this acquisition, the implications for the accessibility industry are significant. This strategic expansion not only enhances Savaria's capabilities but also sets a precedent for future collaborations that can drive innovation and improve accessibility standards across North America.