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In 1995 four entrepreneurs founded Aritco in a living room in Kungsängen outside Stockholm. All four had experience in the lift business, and all agreed that there was a need for a new kind of product that was smarter to use and easier to install, easier to operate and significantly less expensive than the lifts that were on the market back then.
The four, all engineers, built their first lift by hand. And the rest is what we say, history. After having passed through two factories in Kungsängen, Aritco is now based in a 16.000 sqm large factory and office in Veddesta outside Stockholm. Today we produce 4.000 lifts a year that are sold in 40 countries through more than 170 distributors.
A PART OF LATOUR INDUSTRIES
From June 2016, Aritco is fully owned by the investment company Latour Industries, a part of the investment company Latour group. Latour is one of the largest investment companies in Sweden with a turnover of more than 5 billion SEK. With a philosophy to purchase or invest in companies to own and grow long term. We are happy to have a new owner with great financial strength and who is willing to invest in our future.
SOCIAL ENGAGEMENT IN SOLVATTEN
Our journey started with a dream to open up possibilities for everyone. Opening up possibilities is one of the key reasons when we chose to support the water cleaning project Solvatten; to elevate life for many people around the world. Everything starts with clean water.
Almost one billion people in the world live without access to clean water and electricity. The majority of these live in rural areas and spend 4-5 hours a day collecting water and wood. Clean water in your home isn’t only a matter of health, it also leaves more time for school or work, and a way out of poverty.
Solvatten is a Swedish invention that purifies and heat water with the help of sunlight. Clean and safe water is a must. Hot water is also key for a more comfortable life and in this way heated in a sustainable way. To be purified and heated, the container is filled with unclean water and left in the sun for a couple of hours. The process cleans and prevents micro-organisms to grow, making the water safe from bacteria that causes diseases.