Advent International, Cinven and RAG-Stiftung agreed to acquire thyssenkrupp’s elevator technology business. Germany-based thyssenkrupp will reinvest in the elevator business, a provider of elevator ...

FRANKFURT (Reuters) - Thyssenkrupp (TKAG.DE) is likely to appoint company veteran Peter Walker to succeed Andreas Schierenbeck as the chief executive of its elevators unit, two people familiar with ...

Elevator design hasn't progressed very much during the past 160 years, and still comprises cabins which move vertically in a shaft supported by cables. This is inefficient and limiting, taking up a ...

FRANKFURT/DUESSELDORF (Reuters) - Finland's Kone is assessing the viability of a bid for Thyssenkrupp's 14 billion euro ($15.7 billion) elevators division even as the German conglomerate pursues plans ...

A Columbia University study found that New York office workers spent a collective 5.9 years riding in elevators–and 16.6 years waiting for elevators. And that was just in 2010. ThyssenKrupp is ...

Elevator research and development inside the substantially complete 246-meter-tall thyssenkrupp Elevator AG test and observation tower in Rottweil, Germany, will begin next year, though the lift ...

The first ropeless, tall-building elevator—a compact, lightweight system that mimics a subway line on end—is set to enter the testing and certification stage in early 2017. If all goes as planned, ...

FRANKFURT/DUESSELDORF, Germany (Reuters) - Swiss elevator maker Schindler would embark on an all-out antitrust offensive in the courts to stall any deal to combine Thyssenkrupp's lift division with ...

ThyssenKrupp Elevator opened a new factory for escalators, moving walks and passenger boarding bridges in Zhongshan, Guangdong Province, China. ThyssenKrupp Elevator can produce up to 4,000 escalators ...

Think back to the last time you were in a lobby jam. You know, that pileup of people all waiting for an elevator. Someone has already hit the “Up” button. But as the seconds pass, they seem like ...