mergers and acquisitions
Japanese OEM Fujitec Exploring Sale to Private Equity
Japanese OEM Fujitec is in talks with private equity groups, including Sweden’s EQT, about a potential sale of its approximately US$2.1-billion elevator and escalator business, the Financial Times reports. The...
TKE Acquires Regional Elevator
TK Elevator (TKE) has acquired Regional Elevator, one of the largest independent elevator companies in Ottawa-Gatineau, Canada. TKE Americas CEO Jeremy Rainwater said the acquisition will allow TKE to continue...
