Dom.RF Acquires Former Otis Elevator Unit

Meteor Lift unites the companies 'Meteor Lift', 'Meteor Lift Moscow', and 'Meteor Lift Sherbinka'.

Consensus

The state-owned bank 'Dom.RF' became the owner of 'Meteor Lift' through the acquisition of 100% of the controlling company 'Meteor'.
The assets previously belonged to the American company Otis and were rebranded as 'Meteor Lift' after being acquired by S8 Capital in 2022.
The transfer of ownership was recorded in the Unified State Register of Legal Entities (EGRUL) on September 9.
The assets of 'Meteor Lift' include 'Meteor Lift Moscow' and 'Meteor Sigma Lift'.
The assets were previously pledged to 'Dom.RF'.
The group 'Dom.RF' already includes the Shcherbinka Lift Plant.
The acquisition was conducted in compliance with Russian antitrust laws and procedures.
Otis ceased accepting orders from Russia and halted investments in 2022.

The acquisition was completed in July 2026, when 'Meteor Lift' came under the control of the management company 'Meteor'. — thebell
Armen Sarkisyan, through his S8 Capital, purchased the Russian Otis business in summer 2022, with full financing provided by 'Dom.RF'. — thebell
Sarkisyan had plans to consolidate 75% of Russia's elevator production under the 'Meteor' brand under 'Dom.RF' control, with coordination reportedly confirmed with Vitaly Mutko. — thebell
The rebranding from 'Otis' to 'Meteor' occurred in 2023. — fontanka
The authorized capital of 'Meteor' Management Company is 4.5 billion rubles. — fontanka
'Meteor Lift' is involved in 10 lawsuits as defendant with claims totaling 17 million rubles, and 17 lawsuits as plaintiff with claims totaling 21 million rubles. — fontanka
The acquisition of 'Meteor Lift' by 'Dom.RF' was confirmed by the press service of 'Dom.RF', which stated that the integration of the asset with the Shcherbinka plant is premature. — interfax