July 22, 2015

Kone acquires German elevator company

Kone’s elevators and escalators have been installed in a variety of establishments around the world. Examples of which can be found at the Westin Hotel, Lake Mary, Orlando, USA (pictured).
Kone’s elevators and escalators have been installed in a variety of establishments around the world. Examples of which can be found at the Westin Hotel, Lake Mary, Orlando, USA (pictured).
Kone

Finnish elevator and escalator specialist Kone Corporation has acquired Klostermann Aufzüge, a German elevator maintenance and modernisation service provider.

“Klostermann Aufzüge has established itself as a trusted service provider and we are eager to continue their work in Germany” says Axel Berkling, managing director of Kone Germany. “The coming together of Kone and Klostermann Aufzüge is a natural fit allowing us to consolidate our position in the market and to be closer to our customers”.

Founded in 1977, Klostermann Aufzüge currently has around 1 300 elevators in service and 40 employees. The company is based in Herne, North Rhine-Westphalia.

In 2014, Kone’s annual net sales were 7.3 billion euros, with over 47 000 employees worldwide at the end of the year.

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