Otis Elevator Mergers and Acquisitions Summary

Machinery Company

Otis Elevator has acquired 3 companies, including 1 in the last 5 years.

Otis Elevator has acquired in 2 different US states, and 2 countries. The Company’s most targeted sectors include business services (67%) and machinery (34%).

Join Mergr and gain access to Otis Elevator’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the machinery sector.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 2

Otis Worldwide Corporation (Otis Elevator)

1 Farm Springs Road,
Farmington, Connecticut 06032
United States,
(860) 676-6000
www.otis.com

Otis Elevator is a manufacturer and maintainer of people moving products, including elevators, escalators and moving walkways. Otis was formed in 1853 and is based in Farmington, Connecticut.


M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.0/yr) # 3 - - - - - 3
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
ThyssenKrupp Elevator - South Africa Service Business 2015-09-07 - Divestiture
, South Africa
Marshall Elevator Co. 2011-07-26 - Add-on Acquisition
Pittsburgh, Pennsylvania · www.marshallelevator.com
ABM Amtech, Inc. 2003-08-15 - Divestiture
Anaheim, California · www.amtechelevator.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 2 (67%) - - -
Machinery 1 (33%) - - -
Total 3 - - -

By Geo

State/Country Buy Value Sell Value
United States 2 - - -
  Pennsylvania 1 - - -
  California 1 - - -
South Africa 1 - - -
Domestic 2 (67%) - - -
Cross-border 1 (33%) - - -
Total 3 - - -

M&A Connections

Deals %
Acquired from
Strategic(s)
100%
2 100%

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