Kone acquires companies in the Munich area

ATH Aufzüge GmbH, a subsidiary of Kone headquartered in Heilbronn with a branch in Munich, acquired the elevator businesses of two medium-sized elevator companies on January 1, 2026.

These are ASCO GmbH and Szostecki GmbH, based in Unterhaching near Munich.

With this transaction, ATH aims to expand its regional presence in the greater Munich area. Szostecki GmbH was founded in 1966. Following the death of the managing partner in 2014, Sylvia Szostecki continued to run the company, which is active in the fields of elevator, electrical, and building technology.

"For personal reasons and with a view to the future of employees and customers, she decided to hand over the elevator division to new owners with the aim of ensuring continuity and stability," Kone explains in a press release.

"Security, perspective, and continuity"

Kay Graupe, managing director of ATH Aufzüge. Photo: © Kone

ASCO GmbH is a regional elevator company based in the Munich area. It specializes in the planning, construction, modernization, and servicing of modern elevator systems. Sylvia Szostecki has also been managing director of this company since 2018. Franz Leeb founded the predecessor company of ASCO GmbH in 1991. Franz Leeb passed away in 2018, and one year later, Sylvia Szostecki also took over this company.

"ATH Aufzüge stands for regionality, customer proximity, and a medium-sized corporate culture," comments Kay Graupe, managing director of ATH Aufzüge. For the employees, the merger means "security, perspective, and continuity."

ATH Aufzüge has been part of the Kone Group since July 1, 2023. The managing directors are Thomas Elser, Kay Graupe, and Sascha Seiß.

Weitere Informationen: szostecki.com
asco-aufzuege.de
ath-aufzuege.de
kone.de