Kone completed the acquisition of Cantech Elevators.

Kone, a provider of elevators, escalators, and automatic building doors, completed the acquisition of Cantech Elevators, a full-service elevator company. Financial terms were not disclosed. “As a company with extensive experience in the industry and a strong reputation, Cantech Elevator is a perfect fit for KONE. We are excited to welcome the Cantech Elevator team to our KONE team. Their expertise, commitment to excellence and dedication to putting the customer first aligns perfectly with KONE’s priorities,” Ken Schmid, KONE Americas Executive VP.