KONE Corporation, a global leader in the elevator and escalator industry, has acquired its authorized distributors in Croatia (Lift Modus d.o.o.) and Bosnia (Lift Modus d.o.o. Sarajevo). A new ...

LISLE, Ill.--(BUSINESS WIRE)--KONE, a global leader in the elevator and escalator industry, has acquired Capitol Elevator, a Sacramento, California-based elevator service business. This strategic ...

A €29.4 billion ($34.4 billion) cash-and-stock agreement to purchase TK Elevator was announced Tuesday by Finnish manufacturer Kone, which said the combined entity would rank as the world's top ...

HELSINKI, April 29 (Reuters) - Finnish lift maker Kone agreed to buy German rival TK Elevator (TKE) in a cash and stock transaction valued at 29.4 billion euros ($34.4 billion), it said on Wednesday, ...

Brussels' antitrust rules have already ⁠once ⁠helped derail an attempt to create the world's top lift ⁠maker, but Kone's proposed new tie-up with TK Elevator shows the Finnish group is banking on a ...

Finnish lift maker KONE on Wednesday announced the acquisition of its German rival TKE in a giant share-and-cash deal valuing TKE at €29.4 billion. The group formed by the merger will be nearly twice ...

If real estate development is booming, one of the ancillary industries that’s benefiting from this surge is elevators. The sector is dominated by a clutch of multinational players, including Otis, ...

KONE Elevator India, a wholly-owned subsidiary of KONE Corporation, is expecting a steady pick-up in demand following the recovery in residential real estate and steady growth in the commercial ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. For every new apartment block springing up around China’s fast-growing cities, there is at least one elevator.

HELSINKI/GDANSK/FRANKFURT, May 4 (Reuters) - Brussels' antitrust rules have already once helped derail an attempt to create the world's top lift maker, but ​Kone's proposed new tie-up with TK Elevator ...

Finnish lift maker Kone nearly doubles its size in what the Finnish media described as the largest corporate acquisition ever carried out in Finland. Finnish lift maker KONE on Wednesday announced the ...