Photo: © makslab/123RF.com News | January 2026 Schindler Switzerland acquires Swiss SME Schindler subsidiary AS Aufzüge has acquired a Swiss lift company.
Photo: © Pace Group, Konstantin32/123RF.com News | January 2026 Further acquisitions by the Pace Group The British Pace Holding announced another acquisition. Exel Elevator, The Lift Company and D.J. Lift Services are now part of the group of medium-sized lift companies. Further acquisitions are to follow.
Photo: © A.S.T. Aufzüge & Service Thieme Silex GmbH News | January 2026 A.S.T. Aufzüge & Service Thieme Silex becomes new member of AVD Shortly before Christmas, Schindler Germany announced another acquisition. Since 1 January 2026, a lift manufacturer from Saxony has been part of the German Lift Association (AVD).
Photo: © Schindler Deutschland News | January 2026 Why are more and more medium-sized companies selling their business? In Germany, there is currently a rise in the number of medium-sized lift manufacturers being taken over by large corporations. Are medium-sized companies under acute threat? What are the reasons? Why are such high sums being paid?
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Photo: © Uventions News | April 2020 Lifts reliably virus-free with UV light The infection risk in lifts is very high. A new disinfection method per UV light should be able to considerably improve the hygiene in lifts and other rooms autonomously.
Photo: © Zemic / Vebo Liftsupport News | April 2020 Lift weighing kits for Euromast lifts Vebo Liftsupport was recently commissioned to renovate the lifts in the Euromast. Zemic was brought in for this project.
Photo: © digicom News | April 2020 Coppy, the new IoT Emergency Phone digicom had launched a new solution for IoT Lift systems for the next years.
Photo: © TAK Expo Pvt. Ltd. News | April 2020 ISEE in Mumbai postponed by one year The Covid-19-pandemic naturally also affects the global elevator industry. In view of the associated uncertainties, the "International Sourcing Exposition for Elevators & Escalators 2020" (ISEE) has been postponed to 2021.
Photo: © Intorq GmbH & Co. KG News | April 2020 Concentrated force in very small installation spaces The brake specialist Intorq from Aerzen (Germany) intends to set new standards with its spring-loaded brake BFK518.
Photo: © kadmy/123RF.com News | April 2020 ELA COVID-19 Statement The "European Lift Association" (ELA) has issued a statement on the coronavirus pandemic. ELA request, for example, that the relevant national authority in each country consider the maintenance of lifts as "critical activity" or "essential service".
Photo: © Schaefer GmbH News | April 2020 Schaefer buys Wallraff Lifttechnik Schaefer GmbH, headquartered in Sigmaringen (BW), has taken over the company Wallraff Lifttechnik from Neuss on April 1, 2020 after many years of cooperation.
Photo: © Otis News | April 2020 Otis begins trading on the New York Stock Exchange Otis Worldwide Corporation will begin its first day of “regular-way” common stock trading on the New York Stock Exchange (NYSE) today at market open after completing its separation from United Technologies.
Photo: © polack/Adobe Stock News | April 2020 Lift operators throwing money out the window Every year in Germany alone, lifts are responsible for up to 500 million euros in avoidable energy costs. Lift operators are literally throwing money out the window.