OEMS
KLST Acquired by Private-Equity Firm Mition
Mition GmbH Mitelstandsbeteiligungen (Mition), a private equity firm focused on succession solutions for companies, acquired the well-established provider of elevator control systems, switchgears and components for elevators, Detlef Klinkhammer Steuerungen...
Toshiba Considers US$4-Billion Sale of Elevator Company
Toshiba Corp. is considering the sale of its elevator manufacturing business, and major companies, including global OEMs, are showing interest in taking over the Japan-based lift division, Bloomberg reports. KONE,...
OEMS Win Prestigious Red Dot Product Design Awards
Otis and KONE are among OEMs to recently announce winning awards in the international Red Dot Award: Product Design 2021 competition. Otis was recognized for its Ambiance hall fixtures with...
