<p>Savaria Corporation has completed the acquisition of substantially all the assets of Baxter Residential Elevators, LLC (BRE), a leading dealer and installer of home elevators and lifts based in Frisco, Texas. BRE, founded in 2004, has been a long-time Savaria dealer serving the Dallas-Fort Worth area and generated approximately US$4 million in revenue in 2025. With strong relationships in the luxury residential market and a reputation for high-quality installation services, BRE will continue to operate as a division of Savaria under the leadership of founder RD Baxter. The transaction gives Savaria a direct presence in the Dallas metropolitan area, strengthening its ability to serve the rapidly growing Texas market. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Savaria Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9650577-en) on February 09, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)</p>

Savaria Acquires Baxter Residential Elevators in Texas Expansion