KONE Strengthens Market Position in Hawaii Through the Acquisition of Akamai Elevator
LISLE, Ill., April 2 /PRNewswire/ -- KONE has acquired the assets of Akamai Elevator Company, an independent elevator service entity based in Honolulu, Hawaii. This further strengthens KONE's position in the Hawaiian market. Akamai Elevator has earned a solid reputation for delivering excellent work in all aspects of their service business including maintenance, repair and modernization.
"We are thrilled to further strengthen our position in the Honolulu market through the addition of Akamai Elevator's valuable customers," says Vance Tang, KONE EVP and Area Director for the Americas.
KONE will absorb Akamai's elevator operations under the KONE name in April.
About KONE
KONE is one of the global leaders in the elevator and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading elevators, escalators and automatic building doors as well as innovative solutions for modernization and maintenance. The company's objective is to offer the best people flow experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. In 2009, KONE had annual net sales of EUR 4.7 billion and approximately 34,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland. Founded in 1910, KONE celebrates its centennial anniversary in 2010.
SOURCE KONE Inc.
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