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KONE adds market share in Alabama through the acquisition of EMR, Inc

Press Release Published 05-01-2013

KONE Inc., press release, May 1, 2013

KONE Inc. has acquired the assets of Elevator Maintenance & Repair, Inc. (EMR) based in Prattville, Ala. This acquisition provides significant service business growth for KONE in three Alabama markets including Mobile, Montgomery and Birmingham.

EMR has operated in these attractive markets since 1981 under the capable leadership of owners Jim and Nancy Haines.

EMR and KONE will be combining their elevator operations under the KONE name during the next few months. This newly combined team welcomes the opportunity to continue to provide outstanding service to EMR and KONE customers.

For further information, please contact:
Patrick O'Connell, Director, Marketing and Communications, KONE Inc., tel. +1 317 374 4960

About KONE:

KONE is one of the global leaders in the elevator and escalator industry. KONE's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings. KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2015, KONE had annual net sales of EUR 8,6 billion, and at the end of the year close to 50,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd. in Finland.

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