Acquisitions
AEG Acquires Abell Elevator International
American Elevator Group (AEG) announced on May 3 the acquisition of Abell Elevator International, which serves customers throughout Kentucky and North Carolina. Headquartered in Louisville, Kentucky, Abell Elevator was founded...
Schindler Acquires Denver-Based CES
Schindler has acquired Denver-based Colorado Elevator Solutions (CES), Florida-based Maven Group LLC, which facilitated the transaction, announced on May 4. CES founder and principal Scott Brugh said he is proud...
TKE Acquires Albany Elevator in New York’s Capital Region
TKE has acquired Albany Elevator, a leading provider of modernization, maintenance, repair and installation services in the Albany, New York Capital Region for the past 21 years, the company announced on May 3....
NYC’s Champion Elevator Acquires ARCTEC Elevator Service
Champion Elevator Corp., headquartered in Manhattan, has acquired ARCTEC Elevator Service, Inc., a NYC-based provider of elevator service, repair, modernization and inspection, Champion announced in early April. Specializing in mid-market...
Right Way Elevator Joins American Elevator Group
American Elevator Group (AEG) has confirmed its investment in Florida-based Right Way Elevator Maintenance as the first of several planned acquisitions throughout the southern United States, the company announced on...
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