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443B
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- Ivory Coast
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- Kenya
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- Mauritius
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- Mozambique
- Namibia
- Nigeria
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- Qatar
- Rwanda / Burundi
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- Senegal
- Sierra Leone
- South Africa
- Sri Lanka
- Tajikistan
- Tanzania
- Togo
- Tunisia
- Turkey
- Turkmenistan
- Uganda
- United Arab Emirates
- Uzbekistan
- Zimbabwe 0B68
- Albania
- Austria
- Belarus
- Belgium
- Bosnia and Herzegovina
- Bulgaria
- Croatia
- Czech Republic
- 05B4 Cyprus
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Iceland 1030
- Ireland
- Italy
- Kosovo
- Latvia
- Liechtenstein
- Lithuania
- Luxembourg
- Macedonia
- Malta
- Moldova
- Montenegro
- Netherlands
- 0004 1114 Norway
- Poland
- Portugal
- Romania
- Russia
- Serbia
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland
- Ukraine
- United Kingdom
Schindler acquires the German FB group
Schindler, a leading global elevator and escalator company present in Germany since 1906, is to fully acquire the German FB group. The Saxony-based elevator company is a medium-sized family owned business with a 20 year presence in the German elevator market. The closing of the transaction is subject to merger control clearance by the competent antitrust authorities.
Contacts
For media:
Press Office
Tel. +41 41 445 30 60
corporate.communications@schindler.com
For investors & analysts:
Marco Knuchel
Head Investor Relations
Tel. +41 41 445 30 61
investor.relations@schindler.com
FB group engages in the manufacturing, installation, modernization and maintenance of elevators and elevator components. The group has 225 employees and branch offices in Berlin, Dresden and Leipzig.
The acquisition of the FB group will further strengthen Schindler Germany’s strategic direction, particularly relating to 0B68 the high-end lift segment of custom-made solutions, as well as in the retrofit of elevators.
Both parties agreed to keep the details of the transaction confidential.