KONE Oyj Mergers and Acquisitions


KONE Oyj

Keilasatama 3
02150 Espoo
Finland
Tel:358/204 751
URL: http://www.kone.com
Primary Symbol & Exchange:
KNEBV - Common Stock - Helsinki (Nasadaq OMX Group)
Industry:
Industrial Machinery
KONE Oyj Company Snapshot

KONE Oyj Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

KONE Oyj M&A History


Cargotec acquires Arne Holst & Co A/S- from Arne Holst & Co A/S (pending) Cargotec acquires  Arne Holst & Co A/S- from Arne Holst & Co A/S (pending)Aug 21, 2009

DENMARK - Cargotec agreed to acquire assets of Arne Holst og Co. A/S, a Kvistagard- based sales and service company.

Kone Corp acquires Brown Elevator Inc Kone Corp acquires  Brown Elevator IncAug 03, 2009

US - KONE Corp of Finland acquired Brown Elevator Inc, a Connecticut-based elevator service company.

Kone Lifts acquires RSU N6 privatized by Russia Kone Lifts acquires  RSU N6 privatized by RussiaJul 22, 2009

RUSSIA ZAO "Kone Lifts", a subsidiary of Kone Corporation of Finland, acquired the entire share capital of OAO "RSU N#", a St Petersburg-based company engaged in providing services of repair, maintenance, installation and dismantling of cranes and hoists, via

Thai Elevators & Escalators acquires a minority stake in KONE Thai Lift PCL from Kone Corp Thai Elevators & Escalators  acquires a minority stake in  KONE Thai Lift PCL from Kone CorpJun 18, 2009

THAILAND ? Thai Elevators & Escalators Ltd raised its interest to ##.##% from ##. ##%, by acquiring a further #% stake, or # mil ordinary shares, in KONE Thai Lift PCL, a Bangkok-based manufacturer of elevators and escalators, from Yuth

Kone Corp acquires Excel Elevator Inc Kone Corp acquires Excel Elevator IncJun 02, 2009

US - Kone Corp of Finland acquired Excel Elevator Inc, a Los Angeles based provider of elevator maintenance services.

Kone Corp acquires City Elevator Inc Kone Corp acquires City Elevator IncDec 01, 2008

US - Kone Corp acquired City Elevator Inc, a provider of elevator maintenance and repair services.

Kone Corp acquires Tecas SA Kone Corp acquires Tecas SANov 13, 2008

SPAIN - Kone Corp of Finland acquired Tecas SA, a Valencia-based manufacturer and wholesaler of elevators.

KONE Corp acquires Intl Elevator Co KONE Corp acquires Intl Elevator CoAug 01, 2008

US - Kone Corp acquired International Elevator Co Inc, a manufacturer and wholesaler of elevators.

Kone Elevadores SA acquires Ascensores Ascel SL Kone Elevadores SA acquires Ascensores Ascel SLMay 05, 2008

SPAIN - Kone Elevadores SA, a unit of Kone Corp, acquired Ascensores Ascel SL, a Vigo-based manufacturer of industrial elevators.

Kone Corp acquires Arundel Elevator Company Kone Corp acquires Arundel Elevator CompanyApr 01, 2008

US - Kone Corp, of Finland acquired Arundel Elevator Company, a Glen Burnie-based manufacturer and repairer of elevators. Terms were not disclosed.

Kone Corp acquires RPG Mantenimiento SL Kone Corp acquires RPG Mantenimiento SLMar 27, 2008

SPAIN - Kone Corp of Finland acquired RPG Mantenimiento SL, a Murcia-based provider of elevator maintenance services. Terms were not disclosed.

Kone Corp acquires SAS ARA Lyon Kone Corp acquires SAS ARA LyonMar 13, 2008

FRANCE - Kone Corporation acquired of Finland acquired SAS ARA Lyon, a Lyon-based manufacturer of elevators. Terms were not disclosed.

Kone Corp acquires Florida Coast Elevator Inc Kone Corp acquires Florida Coast Elevator IncJan 02, 2008

US - Kone Corp acquired Florida Coast Elevator Inc, a provider of elevator installation services.

Kone Corp acquires OOO Lift RSU-5 Kone Corp acquires OOO Lift RSU-5Sep 05, 2007

RUSSIA - Kone Corp of Finland acquired the remaining ##% interest, which it did not already own in OOO Lift RSU-#, a Saint Petersburg-based provider of elevator maintenance services.

Sisu Akselit Oy is rumored to be looking for a minority stake in Shenzhen Zhongxin Sisu Akselit Oy is rumored to be looking for a minority stake in  Shenzhen ZhongxinJul 12, 2007

CHINA - Shanghai Huahong Group Co Ltd, a unit of Chinese state-owned Ministry of Information Industry's China Electronics Corp subsidiary, was rumored to be planning to acquire an undisclosed minority stake in Shenzhen Zhongxin Semiconductor Co, a semiconductor manufacturer.

Kone Corp acquires UAB Elektros Pavara (pending) Kone Corp acquires UAB Elektros Pavara (pending)Jul 10, 2007

LITHUANIA - Kone Corp of Finland, agreed to acquire UAB Elektros Pavara, a Vilnius-based wholesaler of elevators and escalators. Terms were not disclosed.

KONE Corp acquires MIRO Elevators Ltd KONE Corp acquires MIRO Elevators LtdJan 31, 2007

CANADA - KONE Corp acquired all the oustanding stock of MIRO Elevators Ltd , a provider of elevator maintenance service.

Zeteco AB acquires a minority stake in Bromma Far East Pte Ltd from Kone Corp Zeteco AB acquires a minority stake in Bromma Far East Pte Ltd from Kone CorpDec 29, 2006

SINGAPORE - Zeteco AB (ZA), a wholly-owned unit of Kone Corp's Partek OYJ subsidiary, raised its interest to ##% from ##%, by acquiring a ##% stake, in Bromma Far East Pte Ltd, a crane manufacturer, from its joint venture

KONE Corp acquires Evin SAS KONE Corp acquires Evin SASSep 30, 2006

FRANCE - KONE Corp of Finland acquired Evin SAS, a Lille-based provider of elevator installation services. Terms were not disclosed.

Kone Corp acquires Fuji Lift & Escalator Sdn Bhd from Emico Holdings Bhd Kone Corp acquires Fuji Lift & Escalator Sdn Bhd from Emico Holdings BhdAug 29, 2006

MALAYSIA - Kone Corp (KC) acquired the entire share capital and shareholders' loan of Fuji Lift & Escalator Sdn Bhd, a lift and escalator manufacturer, from Northern Elevator Bhd, a ##%-owned unit of Emico Holdings Bhd. Concurrently, KC acquired the entire

KONE Oyj M&A Summary


KONE Oyj has made 62 acquisitions while taking stakes in 13 companies. KONE Oyj has 49 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009311
2008800
2007200
2006401
2005514
2004002
2003001
2002331
2001204
2000111
1999103
1998203
1997125
1996503
1995103
1994417
1993002
1992722
1991325
1990300
1989501
1988100
1987100
Total621349

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