News

Is TKE Europe set to be acquired by a private equity firm?

According to insiders, TK Elevator’s (TKE) European business is set to be sold off for the most part as part of the takeover of TKE by Kone, reported the Reuters news agency on 1 October. LIFTjournal has investigated the matter further and also asked corporate transactions expert Dr Lars Watermann for his assessment.

Photo: © Fain-Gruppe/Dermot Byrne

News | March 2026

Spanish company declares itself market leader in Ireland

Fain Ascensores has taken over the Irish lift builder Accel. As a result, the Spanish company is responsible for over 8,500 lifts on the Emerald Isle and according to its own information had “for the first time assumed market leadership in a country outside of Spain in the company’s history.”

Photo: © Doppler

News | March 2026

This lift carries the stairs with it

Doppler presented a new product category at interlift with ‘Elevante’. It combines a home lift with a staircase. The Greek lift manufacturer is targeting owners of single-family homes in north-western Europe as potential customers.

Photo: © VDMA

News | March 2026

Three questions to ... Robert Hild

It is admittedly somewhat longer than the famous 100 days in office, but Robert Hild is still fairly new to the lift sector. We took the opportunity and posed our familiar three questions to the managing director of the VDMA – Trade Association Lifts and Escalators.

Photo: © KI-generiert gem. Adobe Firefly-Lizenz

News | March 2026

Light at the end of the tunnel

If there are fewer new buildings, fewer new lifts are required. This is why the question occupying all of the players in the lift sector is: what’s next for the construction industry in Germany?

Photo: © Ziehl-Abegg

News | March 2026

Same performance without critical raw materials

According to the company, Ziehl-Abegg is the first company worldwide to succeed in developing a high-performance synchronous lift motor that operates entirely without rare earth magnets – without compromising on power output.

Photo: © TK Elevator

News | March 2026

TK Elevator: Joy in Dusseldorf, worries in Esslingen

TK Elevator submitted its balance sheet for the 2024/2025 financial year in December. The company was able to report new record profits.

News | March 2026

SJEC Danmark A/S joins Ascenco Group

Ascenco Group AB (“Ascenco”) continues to expand in the Nordics, entering Denmark through the partnership with SJEC Danmark.

News | March 2026

Vertical mobility for enhanced requirements

For 2026, Otis has announced two new approaches in the form of Arise MOD and the Gen3 platform for flexible modernisation of existing lifts and intelligent technologies for new buildings that are tailored to different needs.

News | March 2026

T-shirts pay tribute to everyday heroes

The English lift sector spare parts provider “Shorts Industries” has now also moved into fashion. In keeping with the motto “Make Your Value Known”, the aim is to put the spotlight on all those who keep the world running from day-to-day.

VFA Forum interlift ’27: Call for Papers

Vertical traffic flow in buildings

Elevcon 2027: Call for Papers

Is TKE Europe set to be acquired by a private equity firm?

Journal 4/2026

Journal 2/2026

Journal 1/2026

Europe, Rotterdam and Artificial Intelligence

interlift 2025: Premiere in Nuremberg

Impressions from Liftex 2025

Lift Expo Italia: More than 100 exhibitors and around 16,000 visitors

Subscription

Newsletter

Advertising rates

Contact persons

Verlagsanstalt Handwerk

Bookshop

Spanish company declares itself market leader in Ireland

This lift carries the stairs with it

Three questions to ... Robert Hild

Light at the end of the tunnel

Same performance without critical raw materials

TK Elevator: Joy in Dusseldorf, worries in Esslingen

SJEC Danmark A/S joins Ascenco Group

Vertical mobility for enhanced requirements

T-shirts pay tribute to everyday heroes