KONE steps up in Asia
Finnish lift and escalator giant KONE has acquired Hong Kong-based Shan On Engineering Company Limited to boost its position in Asia.
Shan On specialises in lift maintenance, modernisation and installation services, and its maintenance base currently comprises approximately 1 000 lifts.
“We warmly welcome Shan On and its skilled employees to our organisation,” says William B. Johnson, executive vice president for KONE Greater China, in a release. “The company has an excellent reputation and a wide client base in Hong Kong, and we are looking forward to continuing the good relationships with the customers.”
Earlier this year, KONE acquired Alois Kasper, a company based in Nonnweiler, southwestern Germany.