KONE acquires Alois Kasper GmbH in Germany

KONE acquires Alois Kasper GmbH in Germany

ID: 551254

(Thomson Reuters ONE) -


KONE Corporation, press release, July 6, 2017

KONE, a global leader in the elevator and escalator industry, has acquired Alois
Kasper GmbH, a German company specializing in elevator installation, maintenance
and modernization services.

"We are very much looking forward to serving our new customers in Germany
through this acquisition which will strengthen our presence in the Saarland and
Frankfurt regions", says Thomas Hinnerskov, KONE Executive Vice President for
Central and North Europe.

Based in Nonnweiler, Southwestern Germany, Alois Kasper GmbH has over 1,100
elevators in service. The company was founded in 1945 and it currently employs
approximately 80 people.

Previous KONE press releases are available at www.kone.com/press:
September 29, 2016: KONE acquires a majority stake in Spanish elevator company
Citylift
September 1, 2016: KONE acquires American City Elevator Company
August 25, 2016: KONE to acquire the remaining 20% stake in its Chinese
subsidiary GiantKONE from Giant Holdings

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




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.




The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: KONE OYJ via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 06.07.2017 - 08:00 Uhr
Sprache: Deutsch
News-ID 551254
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