KONE acquires British company Express Elevators Ltd.

KONE acquires British company Express Elevators Ltd.

ID: 379323

(Thomson Reuters ONE) -


KONE Corporation, press release, March 18, 2015

KONE, a global leader in the elevator and escalator industry, has acquired
Express Elevators Ltd (Express), a British company that specialises in the
maintenance, repair, modernization and installation of elevators.

Express is based in Yorkshire and located in close proximity to KONE's regional
offices in Keighley. The company currently has over 2000 elevators in service
and employs approximately one hundred people.

"The acquisition of Express will assist KONE to consolidate and expand in the
Yorkshire and surrounding regions in the future", says Michael Williams, KONE
Great Britain Managing Director. "I look forward to bringing the fast, reliable
and dedicated service of Express to our customer base."

Previous KONE press releases are available at www.kone.com/press including:

February 23, 2015: KONE acquires German elevator company Janzhoff Aufzüge GmbH
December 31, 2014: KONE acquires Italian elevator company Manutenzione
Installazione Ascensori SpA (MIA)
August 1, 2014: KONE strengthens its presence in East Africa
January 2, 2013: KONE acquires its Israeli distributor Isralift

For further information, please contact:
Liisa Kivelä, Director, External Communications, KONE Corporation, tel.
+358 204 75 4330, media(at)kone.com

About KONE
KONE is one of the global leaders in the lift and escalator industry. KONE's
objective is to offer the best People Flow® experience by developing and
delivering solutions that enable people to move smoothly, safely, comfortably
and without waiting in buildings in an increasingly urbanizing environment. KONE
provides industry-leading elevators, escalators, automatic building doors and
integrated solutions to enhance the People Flow in and between buildings. KONE's
services cover the entire lifetime of a building, from the design phase to




maintenance, repairs and modernization solutions. In 2014, KONE had annual net
sales of EUR 7.3 billion, and at the end of the year over 47,000 employees. KONE
class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.

www.kone.com




This announcement is distributed by GlobeNewswire on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: KONE Oyj via GlobeNewswire
[HUG#1904164]




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Datum: 18.03.2015 - 11:00 Uhr
Sprache: Deutsch
News-ID 379323
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