KONE completed the acquisition of Capitol Elevator.

KONE, a manufacturer, maintains, upgrades, and sells elevators, completed the acquisition of Capitol Elevator, a provider of elevator services. Financial terms were not disclosed. “As a company with extensive experience in the industry and a strong reputation, Capitol Elevator is a perfect fit for KONE. We are excited to welcome the Capitol Elevator team to our KONE team,” Ken Schmid, KONE Americas Executive VP.