Savaria Corporation (Savaria) is a Canada-based company engaged in the manufacturing, installing and distributing elevators, platform lifts and stairlifts. As of December 31, 2011, the Company operates in two segments: Accessibility and Adapted Vehicles. The business in the Accessibility segment is conducted by four of the Company�s subsidiaries. Savaria Concord Lifts, which designs, manufactures and distributes products meeting the needs of people with mobility problems, primarily stairlifts, vertical and inclined platform lifts and elevators for residential and commercial use. Concord Elevator and Savaria Lifts Ltd distribute and install products manufactured by Savaria Concord in addition to assembling certain components. The business of Adapted Vehicles segment is conducted by Van-Action (2005) Inc. and Freedom Motors Inc. During the year ended December 31, 2011, it launched new product in the Accessibility division.