FAIN boosts its international footprint with the acquisition of TKE's Irish subsidiary

 

FAIN, a company with a consolidated track record in the lifting sector, has achieved a significant milestone with the acquisition of the subsidiary of TKE in IrelandThis strategic operation will increase the portfolio of units managed by the FAIN Group to more than 7.000 teams, including those operated by Doyle, a company that is part of the group while maintaining its legal autonomy.

 

With this recent addition, FAIN consolidates itself as the second largest operator in Ireland, controlling 20% ​​of the market share.

 

 

This expansion is a clear indication of the company's strong international positioning, which already has operations in France, the Netherlands, Switzerland and Belgium.

 

 

FAIN's foray into the Irish market began in 2021 with the ambitious acquisition of OTIS Ireland and West of Ireland Lift Services (WOIL). This transaction, the largest in its more than 50-year history, laid the foundation for a successful integration model. According to Michael Kelly, CEO of FAIN Ireland“In a context marked by the pandemic, at FAIN we not only maintained employment, but also promoted a model of progressive, human, and technological integration that has become a success story within the Irish market.” In just four years, the Spanish family business has achieved go from managing 4.500 to more than 7.000 elevators on the island.

 

As of July 1, the three previously acquired companies will be unified under a single corporate identity: FAIN Ireland. Miguel Gómez, COO of the FAIN Group, highlighted the importance of this strategy: “We always seek to create a unified, recognizable, and coherent brand in all the countries where we operate. We want you to step off the plane at Dublin Airport, enter the Vela Hotel in Barcelona, ​​visit the Reina Sofía, or stay in a five-star hotel in Paris and recognize the FAIN seal.”

 

The acquisition of the TKE subsidiary allows FAIN Ireland to strengthen its network of techniciansThis consolidates TKE's position as the company with the largest concentration of professionals in the Irish market. Kelly emphasized that "This deployment allows us to offer customers shorter response times and unprecedented local service." Furthermore, the newly integrated TKE team will receive specialized training on FAIN products, and vice versa, ensuring technical excellence.

 

Sustainable growth is a fundamental pillar of FAIN's roadmap in Ireland. The company prioritizes people's well-being, achieving employee retention. 98% of your staff and maintain the trust of the 93% of its customers in its four years of operation. Nicolás Mediavilla, president of the FAIN Group, stated: “Our intention in the Irish market is to continue building on what we have already achieved, focusing on excellence and local talent to drive joint growth without losing what makes us unique: proximity, technical excellence, and respect for people.”