Louisville, KY, May 3rd, 2021 – American Elevator Group (“AEG”), today confirmed their investment in Abell Elevator International (“Abell Elevator” or “the Company”), further expanding their ability to serve customers throughout Kentucky and North Carolina.
Founded in 1910, and subsequently acquired by industry veteran Kent Lloyd in 1976, Abell Elevator specializes in the installation, maintenance, modernization, and repair of all types of equipment, with a particular focus on offering energy-efficient, environmentally responsible elevators.
David Lloyd, President of Abell Elevator, and son of Kent Lloyd, describes their dedication to the environment as a principal value, saying “We have always sought to offer our customers the very best technologies available, recognizing the solutions we provide will need to remain relevant for decades to come.”
David’s brother Sterrett Lloyd, acknowledged the acquisition by commenting “I have personally known the AEG leadership team for many years. I am delighted that Abell Elevator has determined that the next chapter of their development will be with a group committed to building upon Abell Elevator’s well-established legacy of excellent customer service, and technical expertise.”
AEG Vice President Ken Harmon added “We always look to add the very best service operations to our growing collective. Abell Elevator was certainly one of the easiest choices we have ever made.”
About American Elevator Group
American Elevator Group is a collection of trusted, highly reputable, select elevator service companies. Their key focus is to deliver exceptional customer value while covering all industry specialisms, from legacy maintenance and repair services to high-technology installations and modernizations.
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