Acquisitions & Investments

ATTA Elevators Acquires Ohio-Based Maximum Elevator

ATTA Elevators, a leading independent elevator and escalator service provider headquartered in Ontario, Canada, on October 1 announced its expansion into the Cleveland, Ohio, market with the acquisition of Maximum...

Otis Elevator Acquires Jardine Schindler Lifts Ltd. Taiwan

Otis Elevator Co. (Taiwan) Ltd. has completed the acquisition of Jardine Schindler Lifts Ltd. Taiwan from the Jardine Schindler Group. Otis Taiwan is a subsidiary of Otis Worldwide Corp. Jardine...

Chicagoland’s EIS Becomes Part of VDA Group

VDA Group announced on September 6 that Chicagoland-based Elevator Inspection Service Inc. (EIS) has joined the VDA family of companies. Led by President Frank Cervone and Principal Anthony J. DiBiase,...

ATTA Elevators Opens First U.S. Location

ATTA Elevators, the largest independent elevator company in Canada, has announced its expansion into the U.S. with the opening of its first U.S. location in St. Louis, Missouri. ATTA Elevators...

H.I.G. Capital Completes Acquisition of Action Elevator

H.I.G. Capital, a leading global alternative investment firm, announces that one of its affiliates has completed the acquisition of Action Elevator, a leading independent provider of elevator services. As part...

TKE Appoints Mueller as CFO

TK Elevator (TKE), headquartered in Düsseldorf, Germany, has appointed Philipp Mueller as chief financial officer (CFO), effective October 1. Reporting to CEO Uday Yadav, Mueller will lead the company's global...

KONE Agrees to Acquire Sacramento-Based Capitol Elevator

KONE announced it has entered into an agreement to acquire Sacramento, California-based Capitol Elevator, a family-owned and -operated business that has been in the elevator industry for more than 50...

ATIS Makes Inc. 5000 Fastest-Growing Private Companies List

St. Louis-headquartered ATIS, providing vertical-transportation (VT) consulting, management and inspection services across North America, has made the 2024 Inc. 5000 list of fastest-growing privately held companies in America. Companies on...

Cibes Lift Group Acquires Nashville-Based Lift Distributor

Cibes Lift Group has announced the acquisition of HomeLift LLC, a Nashville, Tennessee-based distributor specializing in vertical platform lifts for residential customers. This acquisition marks another step in Cibes' ongoing...

Germany’s Alois Kasper Expands Footprint With Acquisition

Alois Kasper GmbH, founded in 1945 in the western German state of Saarland, announced it has acquired Trierer Aufzugbau Baasch und Didong GmbH, further expanding its footprint in the Saarland-Rhine-Main...

Izmit Train Station; photo by Theetc for Wikipedia

New Tender For Izmit Train Station Elevator Completed

LABOR SHORTAGE DELAYS NYC ELEVATOR ACCEPTANCE TESTS

Labor Shortage Delays NYC Elevator Acceptance Tests

Kaczmarczyk

Peters Research Welcomes Kaczmarczyk

OTIS ACQUIRES EIGHT URBAN ELEVATOR LOCATIONS

Otis Acquires Eight Urban Elevator Locations

image courtesy of VIOOH

Partnership To Expand DOOH Advertising to Premium Locations