thyssenkrupp Elevator Canada Acquires Winnipeg Elevator Group
July 7, 2020
thyssenkrupp Elevator Canada has acquired Winnipeg Elevator Group (WEG), a Winnipeg-based elevator service and modernization provider that maintains roughly 1,000 vertical-transportation units in the region. All 23 WEG employees and most of the ownership team will be retained; the acquisition strengthens thyssenkrupp's service and modernization footprint in the Winnipeg market.
- Buyers
- thyssenkrupp Elevator Canada
- Targets
- Winnipeg Elevator Group
- Industry
- Engineering Services
- Location
- Manitoba, Canada
- Transaction Type
- Buyout
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