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A Kone-Thyssenkrupp Elevator merger would create the world's biggest lift maker, leapfrogging market leader Otis, owned by United Technologies <UTX.N>, and Schindler in second place. Thyssenkrupp ...
FRANKFURT/DUESSELDORF, Germany (Reuters) - Germany's Thyssenkrupp on Thursday issued its fourth profit warning under current boss Guido Kerkhoff, who agreed to consider a sale of its prized ...
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 ...
FRANKFURT/DUESSELDORF, Germany (Reuters) - Thyssenkrupp <TKAG.DE> is nearing a full sale of its elevator division, three people familiar with the matter said, adding that this would secure the ...
That same year, they acquired the elevator division of American-based conglomerate Dover Corporation. It was revealed in February 2021 when Liberty Steel Group proposed to take over from TK the Thyssen plant in Duisburg, that it can produce 13 million metric tons per year of crude steel, from four blast furnaces and two redox furnaces. "The ...
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 ...
Thyssenkrupp said it would reinvest about 1.25 billion euros to take a stake in the unit, which, based on the purchase price, would result in a 7.3% share that would be used to partially fund its ...
ThyssenKrupp AG (/ ˈ t ɪ s ən. k r ʊ p /, German: [ˌtʏsn̩ˈkʁʊp]; [5] stylized as thyssenkrupp) is a German industrial engineering and steel production multinational conglomerate. It resulted from the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg and Essen .