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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: © tomas maly/tg services

News | February 2026

LACS protocol offers the opportunity for an open standard

The lift industry needs a common, open IP alarm protocol. The European Lift Association (ELA) has created an important basis for this.

Photo: © Nordic Lift Expo/Björn Delin

News | February 2026

Nordic Lift Expo: 80 per cent already booked

Applications from exhibitors to take part in the third Nordic Lift Expo have reached a new record, with 80 per cent of the exhibition space already booked nine months ahead of the event, according to the organisers of the Scandinavian expo.

Photo: © LEIA

News | February 2026

LEIA appoints Laura Webb as new Managing Director

The Lift and Escalator Industry Association (LEIA) has appointed Laura Webb as its new Managing Director.

Photo: © Elevator Forum

News | February 2026

Elevator Forum 2026: Sustainable modernisation

The Elevator Forum series of events will continue this year. The meetings take place every two years and, according to the participating companies, aim to position themselves as a ‘centre of excellence for the lift industry’.

Photo: © privat

News | February 2026

New managing director at KLST

Markus Labruier has been managing director of Detlef Klinkhammer Steuerungen und Komponenten für Aufzüge GmbH, based in Zülpich, North Rhine-Westphalia, since 1 October 2025.

Photo: © Setek

News | February 2026

Host Monitor Mini connects the entire building

Every year lifts worldwide are out of service for almost 272 million hours. Setek AB has now launched the Host Monitor Mini (HMM), a compact, robust and open platform that integrates lifts into the building's digital infrastructure.

News | February 2026

The ELA Modernization Toolbox

To provide its members with information and support on the complex theme of modernising existing lifts, ELA has recently developed a comprehensive Modernization Toolbox, which is available through the ELA website.

News | February 2026

When the lack of a shaft pit is no longer an excuse

Brobeil has launched a hydraulic lift according to the Lift Directive for minimal shaft dimensions in the form of the Bro 1000 K.

News | February 2026

Redesign of the “xPack”: Flexibility meets plug & run

Whether for new installations or modernizations, the xPack from Bucher Hydraulics is intended to ensure that the planning, installation, and service of lift projects are significantly faster and simpler.

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

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LACS protocol offers the opportunity for an open standard

Nordic Lift Expo: 80 per cent already booked

LEIA appoints Laura Webb as new Managing Director

Elevator Forum 2026: Sustainable modernisation

New managing director at KLST

Host Monitor Mini connects the entire building

The ELA Modernization Toolbox

When the lack of a shaft pit is no longer an excuse

Redesign of the “xPack”: Flexibility meets plug & run