KONE Acquires Capitol Elevator
September 4, 2024
KONE, the global elevator and escalator manufacturer, has acquired Capitol Elevator, a family-owned elevator service company based in Sacramento, California. The acquisition expands KONE's service capabilities and strengthens its position in the California market by integrating Capitol Elevator's local expertise and long-standing customer relationships.
- Buyers
- KONE
- Targets
- Capitol Elevator
- Industry
- Industrial Services
- Location
- California, United States
- Transaction Type
- Buyout
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