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Schindler Holding Ltd. [2] is a Swiss multinational company which manufactures escalators, moving walkways, and elevators worldwide, founded in Switzerland in 1874. Schindler produces, installs, maintains and modernizes lifts and escalators in many types of buildings including residential, commercial and high-rise buildings.
In 2005, Schindler acquired the Hontz Elevator Company [1] after a brief legal battle with the German authorities over the registration of the company name. [citation needed] The court held that the Hontz Elevator Company had been established in the 19th century by Karl Hontz (then under the title Die Hontz Aufzugfirma) according to a folder of documents that had previously surfaced in the ...
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 ...
A Kone-Thyssenkrupp Elevator merger would create the world's biggest lift maker, leapfrogging market leader Otis, owned by United Technologies, and Schindler in second place. Thyssenkrupp and Otis ...
Malaysian company catering to the local construction demands, Eita’s main activities include design, installation and maintenance of elevator systems. The company is a division of the Eita Group ...
Schindler Introduces World's Most Advanced Elevator that can be Powered Exclusively by Sunlight News facts: The Schindler Solar Elevator commercially available in Europe, India in 2013; in the U.S ...
Westinghouse expanded into the elevator business, establishing the Westinghouse Elevator Company in 1928; it sold its elevator business to Schindler Group (forming the Schindler Elevator Corporation) in 1989. Throughout the decade, diversification engendered considerable growth; sales went from $43 million in 1914 to $216 million in 1929.
The company's valuation was estimated to be in the low billions and to have nearly doubled in the last year. X Musk purchased the social media platform Twitter and rebranded it to X in 2022.