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KONE strengthens presence in Washington DC with business acquisition

KONE strengthens presence in Washington DC with business acquisition

Jan 11, 2016
Energy & resource efficiency
Smart transport & logistics

KONE, a global leader in the elevator and escalator industry, has acquired the service, repair and modernization business of Capital Elevator Services, in Waldorf, Maryland, USA. Capital Elevator Services operates in the greater Washington DC, Northern Virginia and suburban Maryland areas.

With its extensive service base and highly experienced staff members, Capital Elevator Services adds depth and talent to KONE's service, repair and modernization operations in the Washington DC Metropolitan area.

"As we continue down our path of industry-leading innovation and strategic growth in services, the DC region represents a key market for KONE, and we are eager to welcome Capital Elevator Services' employees and customers to our company," said Larry Wash, Executive Vice President for KONE Americas.

"Capital has built a shining reputation, with highly qualified employees and efficient operations. Culturally, this acquisition aligns perfectly with KONE."

Image: KONE

Source: KONE

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