Alimak Group AB engages in the provision of hoists, elevators, platforms, and aftermarket services for the industrial and construction sectors. 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-built hoists mainly for temporary installations. The Industrial Equipment segment focuses on standard and custom-built elevators mainly for permanent installations. The Rental segment offers rental, and servicing of equipment manufactured by the group's other business areas. The After Sales segment covers servicing, 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.