Deal Snapshot
KONE ACQUIRES ELTEC ELEVATOR TO EXPAND OPERATIONS IN BRITISH COLUMBIA
Thursday 06 December 2018

Canada-based elevator and escalator company Kone has acquired the service and repair business of Canada-based Eltec Elevator Ltd. and its operations to expand in British Columbia, the company said.
This acquisition strengthens Kone's local operation and brings additional talent and experience to Kone's Vancouver team.


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Details
Date Published: 06/12/2018
Target: Eltec Elevator
Country: Canada
Sector: Construction/Real Estate
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Kone
Comment:
Terms of the deal were not disclosed

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