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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: © LIFTjournal/Dirk Müller/KI-assistiert mit Firefly und ChatGPT

News | August 2026

From conveyance device to digital system

The lift has undergone a fundamental change in recent years. What used to be primarily a mechanical-electrical conveyance device is now a networked, data-generating and in part self- optimising system.

Photo: © RST Elektronik

News | August 2026

RST Elektronik: Insolvency and a fresh start

RST Elektronik GmbH filed for provisional insolvency on 19 May 2026. However, on 1 August, the company made a fresh start. What has changed at RST Elektronik: with a leaner portfolio and a clear focus on power electronics.

Photo: © Maria-Theres Niessalla/Daniel (Hünfeld)/KI-assistiert mit Adobe Firefly

News | July 2026

Knowledge will determine the future of the lift industry

The future of the lift industry will be determined not only by technology, but also by how effectively companies preserve, share and develop knowledge.

Photo: © LIFTjournal/Dirk Müller/KI-assistiert mit Firefly und ChatGPT

News | July 2026

Digitalisation: theory and practice

We learn new things about Artificial intelligence and digitalisation every day. Enormous quantities of data are being generated and processed. One could get the impression that it’s no longer possible to do anything without them.

Photo: © industryviews/Shutterstock

News | July 2026

Problematic: building type E for lift building

The German Federal Ministry of Building and Federal Ministry of Justice laid down the key points for building type E at the end of 2025. These could prove to be problematic from a lift building point of view, particularly when it comes to sound insulation.

Photo: © Langer + Laumann

News | July 2026

New CEO at the Langer + Laumann Group

The Langer + Laumann Group has a new CEO. The former managing director, Martin Platt, passed away suddenly and unexpectedly on 1 December 2025 at the age of 58.

News | July 2026

The Machinery Regulation: Call for Action!

As the date of application for the regulation as of 20 January 2027 is approaching, manufacturers and all other stakeholders need to be prepared urgently to comply with the new and revised requirements in a timely fashion.

Photo: © KLST

News | July 2026

Three questions to ... Markus Labruier

Markus Labruier (54) has been the managing director of Detlef Klinkhammer Steuerungen und Komponente für Aufzüge (KLST) since 1 October 2025. Mition GmbH Mittelstandsbeteiligungen took over the company at the beginning of 2025.

News | July 2026

A wedding with strings attached

The announcement of Kone’s takeover of TK Elevator has sent shockwaves through the industry. Suddenly, there is talk of a new mega-conglomerate, a potential shift in power within the service sector, and the fact that the wave of consolidation has now reached the Big Four themselves.

Vertical traffic flow in buildings

Elevcon 2027: Call for Papers

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

Kone establishes its first spin-off

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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From conveyance device to digital system

RST Elektronik: Insolvency and a fresh start

Knowledge will determine the future of the lift industry

Digitalisation: theory and practice

Problematic: building type E for lift building

New CEO at the Langer + Laumann Group

The Machinery Regulation: Call for Action!

Three questions to ... Markus Labruier

A wedding with strings attached