On Thursday, February 27, Thyssenkrupp AG’s Supervisory Board announced it would sell its elevator segment to a private-equity consortium led by Advent International, Cinven, and RAG foundation for 17 ...

Private equity groups Advent and Cinven are in talks with banks as they begin laying the groundwork for a public listing of TK Elevator, a move that could rank among Europe’s largest stock market ...

thyssenkrupp AG has burned through the better part of the proceeds from the sale of TK Elevator in a mere four years. thyssenkrupp Steel Europe AG still faces the same, if not greater, challenges ...

Mr. Smith is the founder and executive director of the Center for Building in North America. My mission to understand the American elevator began in 2021 when I came down with a crippling postviral ...

Fisher & Phillips filed a trade secret lawsuit Monday in Georgia Northern District Court on behalf of TK Elevator Corporation f/k/a Thyssenkrupp Elevator Corporation. The suit pursues claims against ...

A major home elevator company agreed this week to fix a safety hazard that has been tied to the deaths and injuries of children, ending a lengthy pursuit by federal regulators. The deal between ...

The U.S. Consumer Product Safety Commission said today it has settled an administrative lawsuit with a residential elevator company that has agreed to provide owners with a free inspection and ...

COBB COUNTY, Ga. - An elevator company is opening its North American headquarters next-door to its high-rise elevator testing lab — one of the world’s tallest elevator towers. The TK Elevator facility ...

WASHINGTON — A 7-year-old boy was crushed to death by an elevator at a vacation rental home on July 11 in North Carolina. Police say he was playing a game of hide and seek and got trapped in between ...

“We are not sure exactly how it happened,” Currituck County Fire-EMS Chief Ralph Melton said Digital News Writer, PEOPLE A 7-year-old boy died on Sunday after a tragic elevator accident on the first ...

A young boy was killed in a home elevator accident in North Carolina over the weekend, just days after a federal regulator for consumer product safety filed a lawsuit against an elevator manufacturer ...

The federal agency responsible for promoting consumer product safety has filed a lawsuit against a company that previously manufactured residential elevators, which have been tied to at least eight ...