M&A Deal Summary

KONE Acquires Janzhoff Aufzüge

On February 23, 2015, KONE acquired business services company Janzhoff Aufzüge

Acquisition Highlights
  • This is KONE’s 7th transaction in the Business Services sector.
  • This is KONE’s 1st transaction in Germany.

M&A Deal Summary

Date 2015-02-23
Target Janzhoff Aufzüge
Sector Business Services
Buyer(s) KONE
Deal Type Add-on Acquisition

Target

Janzhoff Aufzüge

Dortmund, Germany
Janzhoff Aufzüge GmbH is a provider of elevators as well as maintenance and modernization services.

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Buyer(S) 1

Buyer

KONE

Helsinki, Finland

Category Company
Founded 1908
Sector Business Services
Employees64,036
Revenue 11.1B EUR (2024)
DESCRIPTION

KONE is a provider of elevators, escalators, automatic building doors, and integrated solutions to enhance the People Flow in and between buildings. KONE was founded in 1908 and is based in Espoo, Finland.


DEAL STATS #
Overall 13 of 28
Sector: Business Services M&A 7 of 20
Type: Add-on Acquisition M&A Deals 11 of 24
Country: Germany M&A 1 of 2
Year: 2015 M&A 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-30 Manutenzione Installazione Ascensori

Zola Predosa, Italy

Manutenzione Installazione Ascensori S.p.A. is a provider of maintenance and modernization elevator services and also sells new equipment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-18 Express Elevators

Shipley, United Kingdom

Express Elevators Ltd. is a specializes in the maintenance, repair, modernization and installation of elevators.

Buy -