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Corporate siteKONE Corporation, press release, December 19, 2017
KONE Corporation, a global leader in the elevator and escalator industry, has acquired Ascensores R Casado, S.A., a Spanish elevator company providing installation, maintenance and modernization services. Ascensores R Casado currently has over 1,300 elevators in service.
"Madrid represents a key market for KONE in Spain and this acquisition will strengthen our market position in the region," says Pierre Liautaud, Executive Vice President for KONE South Europe, Middle East and Africa. "We welcome all the employees and customers of Ascensores R Casado to KONE."
Previous KONE press releases
are available at www.kone.com/press including:
December 11, 2017: KONE acquires Hong Kong based Shan On Engineering
Company Limited
July 6, 2017: KONE acquires Alois Kasper GmbH in Germany
September 29, 2016: KONE acquires a majority stake in Spanish elevator
company Citylift
For further information, please
contact:
Liisa Kivelä, Director, Communications, KONE Corporation, tel. +358
204 75 4330, media@kone.com
About KONE
At KONE, our mission is to improve the flow of urban life. As a
global leader in the elevator and escalator industry, KONE provides
elevators, escalators and automatic building doors, as well as
solutions for maintenance and modernization to add value to
buildings throughout their life cycle. Through more effective
People Flow®, we make people's journeys safe, convenient and
reliable, in taller, smarter buildings. In 2016, KONE had annual
net sales of EUR 8.8 billion, and at the end of the year over
52,000 employees. KONE class B shares are listed on the Nasdaq
Helsinki Ltd. in Finland.
www.kone.com