M&A Deal Summary

TK Elevator Acquires DVG d.o.o.

On November 20, 2006, TK Elevator acquired machinery company DVG d.o.o.

Acquisition Highlights
  • This is TK Elevator’s 1st transaction in the Machinery sector.
  • This is TK Elevator’s 1st transaction in Slovenia.

M&A Deal Summary

Date 2006-11-20
Target DVG d.o.o.
Sector Machinery
Buyer(s) TK Elevator
Deal Type Add-on Acquisition

Target

DVG d.o.o.

Trzin, Slovenia
DVG d.o.o. designs and manufactures elevators and escalators. DVG has been active in the elevator and escalator business since 1992. The company has 70 employees and achieved sales of around 4.5 million euros in fiscal 2005.

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Buyer(S) 1

Buyer

TK Elevator

Düsseldorf, Germany

Category Company
Founded 1864
Sector Machinery
DESCRIPTION
ThyssenKrupp elevator service vehicle in Duluth, Minnesota.
ThyssenKrupp elevator service vehicle in Duluth, Minnesota.

TK Elevator is a global provider of elevators, escalators, and other innovative passenger transportation solutions. TK Elevator was founded in 1864 and is based in Dusseldorf, Germany.


DEAL STATS #
Overall 1 of 12
Sector: Machinery M&A 1 of 5
Type: Add-on Acquisition M&A Deals 1 of 10
Country: Slovenia M&A 1 of 1
Year: 2006 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-13 General Elevator Sales & Service

Orlando, Florida, United States

General Elevator Sales & Service, Inc. is an independent elevator services firm. General provides predictive and preventive maintenance programs, as well as modernization services to building owners and operators through 8 offices located throughout the state.

Buy -