09:21 AM EST, 02/09/2026 (MT Newswires) -- Savaria ( SISXF ) , which rose 2.5% to near 52 week highs last Friday, on Monday said it completed the acquisition of substantially all the assets of Baxter Residential Elevators, LLC, a dealer and installer of home elevators and lifts based in Frisco, Texas, for an undisclosed sum.

Savaria ( SISXF ), a global player in the accessibility industry, noted the Dallas metropolitan area represents a "strategically important market" for Savaria ( SISXF ), as Texas is among the "fastest-growing states in the United States with significant residential and commercial construction activity underway."

In a statement the company further noted that, BRE was founded in 2004 and has generated approximately US$4 million (C$5.5 million) in revenue in 2025.

The company said that Richard D Baxter, the founder and owner of BRE, will continue to lead the business as a division of Savaria ( SISXF ).