Draka Elevator
Italy’s Prysmian to Acquire U.S.-Based Encore Wire
Italy's Prysmian Group, which includes the Draka Elevator business, on April 15 announced a US$4.15-billion deal to acquire U.S. firm Encore Wire, outlets including Reuters report. "M&A is in our...
Miller Named Schmersal Business Development Manager, Elevators
Ray Miller was recently named business development manager, elevators, for Canada and the U.S., at The Schmersal Group. Previously, Miller held various positions at Draka Elevator: director of sales —...
Acquisitions, organic growth and a rebranding
AEG Acquires Abell Elevator International American Elevator Group (AEG) continued its growth in May with the acquisition of Abell Elevator International, which serves customers throughout Kentucky and North Carolina. Headquartered...
Draka Elevator, EHC Global to Rebrand as Draka EHC
Draka Elevator and EHC Global, a brand of the Prysmian Group, announced in April plans to rebrand as “Draka EHC.” Draka EHC provides a comprehensive portfolio of value-added products, services...
