M&A
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...
Otis CFO Role To Transition From Maheshwari to Méndez
Otis Worldwide Corp. announced on July 19 that the executive vice president and chief financial officer (CFO) role will transition from Anurag Maheshwari — who is pursuing a role outside...
Lindgren Named KONE Americas SVP — Finance
Kenneth Lindgren has been named senior vice president (SVP) — Finance, for KONE Americas, headquartered in Lisle, Illinois, KONE announced. In this role, Lindgren will lead the KONE Americas finance...
Baltimore-Based Monumental Supply Changes Hands
Monumental Supply Co. Inc., a Baltimore, Maryland-based business specializing in the distribution of products including a range of elevator supplies in Baltimore, the Mid-Atlantic and the East Coast areas, has...
APi Group Acquires Elevated Facility Services Group
APi Group Corp., headquartered in New Brighton, Minnesota, announced it has entered into a definitive agreement to acquire Tampa, Florida-based Elevated Facility Services Group, a provider of contractually based services...
Alimak Group Publishes Annual and Sustainability Report
On March 19, Alimak Group announced it has published its Annual and Sustainability Report 2023, reflecting progress in execution of its New Heights program in a “challenging macroeconomic environment.” The...
Sweden’s Cibes Lift Group Acquires Connecticut-Based ESC
Cibes Lift Group, a leading manufacturer of screw-driven, modular platform lifts headquartered in Gävle, Sweden, has acquired Elevator Service Co., Inc. (ESC), based in Torrington, Connecticut, and serving the Connecticut,...
Maven Group Names Director of Business Development
Maven Group, LLC, headquartered in Jupiter, Florida, on January 17 announced the appointment of Carson Bombara as director of business development. Bombara joins Maven Group after gaining considerable vertical-transportation (VT)...
Champion Elevator Acquires Superior Elevator Technologies
Champion Elevator, headquartered in Manhattan, NYC, with locations in Connecticut, New Jersey and Long Island, announced it has acquired Superior Elevator Technologies Corp., headquartered in the Bronx and serving the...
