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Thyssenkrupp on Friday strengthened its elevator division with a small takeover in the United States, ahead of a planned listing of the 14-billion euro ($15.6 billion) unit which has failed to ...
ThyssenKrupp is the result of a merger of two German steel companies, Thyssen AG founded in 1891 under the name Gewerkschaft Deutscher Kaiser and Krupp founded in 1811. As early as the 1980s, the companies began negotiations on a merger and began closely cooperating in some business areas.
Montgomery Elevator: Acquired by Kone, Canadian division in 1985 and U.S. division in 1994. Marshall Elevator: Sold to Otis; Schweizerische Aufzügefabrik AG; Thyssen AG: Merged with Krupp and became ThyssenKrupp in 1999, with subsidiary ThyssenKrupp Elevator AG; ThyssenKrupp Elevator AG announced in 2021 a name change and rebranding to TK ...
FRANKFURT/DUESSELDORF, Germany (Reuters) - Thyssenkrupp <TKAG.DE> will weed out some potential suitors for its elevator unit within the next two weeks, two people familiar with the matter said, as ...
MULTI is the first cable-less elevator developed by TK Elevator (formerly ThyssenKrupp Elevator). Rather than using cables to lift the elevator, MULTI uses linear motors. [1] As well as moving vertically between floors of a building, MULTI can also move horizontally through a floor of a building. MULTI is being tested at Rottweil Test Tower. [2 ...
FRANKFURT/DUESSELDORF (Reuters) - Thyssenkrupp AG said on Thursday it agreed to sell its elevators division to a consortium of Advent, Cinven and Germany's RAG foundation for 17.2 billion euros ...
In 1973, the company acquired Rheinstahl AG , which was mainly a manufacturing company. This takeover reduced the company's dominance in the steel industry and converted it to a conglomerate. In 1977, the company became Thyssen AG, with Rheinstahl AG already having been renamed Thyssen Industrie AG in 1976. In 1983, Thyssen Stahl AG was spun off.
Marshall Elevator was the oldest elevator company in the United States. It was founded in 1818 by John Marshall. It was founded in 1818 by John Marshall. Marshall & Son originally was a Blacksmith , but in the 1840s, they started to produce elevators of all kinds.