Fujitec Acquires Mexico’s EEVI

Dec 23, 2022| - - -

Fujitec Co., Ltd. announced on December 16 it has acquired 85% of the shares of Tijuana, Mexico-headquartered Elevadores EV International, S.A. de C.V. (EEVI). EEVI, Fujitec observed, “has rich experience exporting to elevator companies in North America” and holds a leading market share in Mexico. The acquisition promises to further enhance Fujitec’s cost competitiveness in North America by utilizing EEVI’s manufactured components. The impact of the acquisition on Fujitec’s financial results for the fiscal year ending in March 2023 is expected to be minor.

Get more of Elevator World. Sign up for our free e-newsletter.

Please enter a valid email address.
Sign up Today!
Something went wrong. Please check your entries and try again.

By subscribing, you agree to our User Agreement and Privacy Policy & Cookie Statement.

Türkiye January – February 2025 Issue

MORE NEWS

The residential delivery robot; image courtesy of Hyundai Engineering
Daily News / Elevators / Engineering / International News / Robots / Robots and Automation / South Korea / Technology

Hyundai Launches Residential Delivery Robots in South Korea

January 17, 2025
The Pinnacle One Yonge jobsite; image courtesy of PERI Canada
Architecture / Canada / Daily News / International News / New Construction / Toronto

PERI Describes Innovative Formwork for Canada’s Tallest Residential Tower

January 17, 2025
THREE-YEAR-OLD BOY DIES FROM FALLING FROM ESCALATOR HANDRAIL
Daily News / Escalators / India / International News

Three-Year-Old Boy Dies Falling From Escalator Handrail

January 17, 2025
Lift Comm by TEC is proud of its role in making the 14 St Station Complex fully accessible; image courtesy of Lift Comm.
Accessibility / Communication Systems / Daily News / Elevators / New York / New York City / U.S. News

TEC Subsidiary Lift Comm Continues MTA Accessibility Collaboration

January 17, 2025
Mareterra; photo © Hufton+Crow for Mareterra
Architectural Materials/Design / Architecture / Daily News / Elevators / Energy Efficiency / International News / Italy / Monaco / Sustainability

Monaco Sustainable Development With Maspero Lifts Competes

January 16, 2025
ATLAS ELEVATORS SIGNS CONTRACT WITH FUJIHD
Contracts / Daily News / Elevators / Escalators / International News / Maintenance / Middle East / Saudi Arabia

Atlas Elevators Signs Contract With FUJIHD

January 16, 2025
Budden
Daily News / Elevators / International News / U.K.

In Memoriam: Darren Budden

January 16, 2025
image courtesy of Nibav Lifts
Accessibility / Daily News / Elevators / Energy Efficiency / India / International News

Nibav Lifts Introduces New Residential Elevators in U.S.

January 16, 2025