KONE acquires Orbitz Elevators in Australia and New Zealand
KONE Corporation, press release, 8 May, 2024 KONE, a global leader in the elevator and escalator industry, announced that it has acquired Orbitz Elevators – an Australian-based provider of custom-designed elevator and escalator solutions for both commercial and residential properties. KONE will acquire the service business of Orbitz Elevators in Australia and all lines of the company’s businesses in New Zealand. The acquisition does not include Orbitz Elevators’ Papua New Guinea business. “Our acquisition of Orbitz Elevators complements KONE’s existing service offerings