Alimak Group AB engages in the design, development, manufacture, distribution, and service of elevators and hoists based on rack-and-pinion and traction technologies for industrial and construction applications. It operates through the following segments: Construction Equipment, Industrial Equipment, Rental, and After Sales. The Construction Equipment segment designs, develops, manufactures, and distributes standard and custom-made lifts for temporary installation. The Industrial Equipment segment engages in the design, development, manufacture and distribution of standard and custom-made lifts for permanent installations. The Rental segment offers rental and service of equipment manufactured by the group's other business areas. The After Sales segment offers service, spare parts, upgrades and training mainly for equipment manufactured by the group. The company was founded by Alvar Lindmark in 1948 and is headquartered in Stockholm, Sweden.