Civinity completes acquisition of Metus, which services nearly 3,000 lifts in Croatia

The Metus Group employs around 280 people and operates in lift manufacturing, the installation of new lifts, and lift maintenance and modernisation. In Croatia, the company services approximately 2,800 lifts made by various manufacturers. Its local service team includes more than 40 technicians, while its emergency response service operates around the clock. The company has branches in the Zagreb region, Varaždin, Osijek, Rijeka and Split. Customers are served by teams operating across several regions.

“In terms of its service portfolio and technician network, Metus is among the market leaders in Croatia. When assessing the company, we looked at how it serves customers in different regions of the country. The people working here have known the market for many years. We will grow this business together with them,” says Deividas Jacka, Chairman of the Board of Civinity Group.

Metus traces its origins in the Croatian lift market to 1992. Routine maintenance and emergency call-outs make up the service team’s day-to-day work. The company repairs lifts, replaces worn components and helps customers prepare for periodic inspections. Its technicians service residential buildings, offices, public buildings and other properties.

According to unaudited figures for 2025, Metus generated consolidated revenue of EUR 18.9 million and EBITDA of EUR 1.1 million, while its total assets stood at EUR 12.6 million. The revenue of the acquired operations is equivalent to almost one-fifth of Civinity’s revenue prior to the transaction.

Metus manufactures lifts in Bosnia and Herzegovina, while its new lift installation teams operate in Germany and other European markets. Civinity sees the greatest growth potential in lift servicing. Maintenance contracts generally run for longer than installation projects, and customers often remain with the same service provider throughout a lift’s operational life. Contracts are renewed when technicians provide a reliable service and respond quickly to faults.

Through the acquisition of Metus, Civinity is taking over established service teams in Croatia and Slovenia, together with the portfolios of customers they serve. The Group can continue the existing operations immediately and steadily expand them in both countries. Civinity considers lift maintenance an important service for residential and commercial property clients.

Operations in Slovenia grew by 47% year on year

The Metus company in Slovenia was registered in 2022 and operates in Ljubljana. Its revenue reached EUR 1.26 million in 2025, compared with EUR 856,000 a year earlier. The team employed an average of around nine people.

The Slovenian team is still growing. Civinity plans to expand the customer portfolio and grow the local team alongside it.

“A local team is already operating in Slovenia, and the customer portfolio is growing. We now want to scale up that business. We will enter other countries gradually, because the pace of service expansion depends on the number of technicians and actual response times. Metus will be our base for further expansion in the region,” says D. Jacka.

Lift installation programme under way in Croatia

A government programme is currently under way in Croatia to support the installation of lifts and other accessibility equipment in apartment buildings. The state covers one-third of the costs of eligible projects. The Croatian ministry estimates that around 15,000 buildings could qualify for the programme. Funding of EUR 2 million has been allocated to the programme for 2026 and EUR 3 million for 2027.

Newly installed lifts will require regular technical maintenance. Metus already has branches operating in Croatia’s main regions, while a separate customer portfolio is growing in Slovenia.

Sdiptech had owned Metus since 2015. To finance the transaction, Civinity issued privately placed bonds with a nominal value of EUR 893,000, which were subscribed for by INVL Bridge Finance.

Civinity will initially focus on strengthening its operations and local teams in Croatia and Slovenia.