Finnish elevator manufacturer Kone left the Russian market – Kommersant
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Finnish elevator manufacturer Kone has completed the sale of its Russian division and left the Russian Federation. His business was acquired by the Russian company S8 Capital. According to Kommersant, the transaction amount could be estimated at 0.5–1 billion rubles.
“The transaction has been approved by the relevant authorities and its closure means that Kone is now completely out of Russia. The transaction amount is not disclosed,” the statement says. press release Kone.
S8 Capital bought Lift Connect JSC, which has Russian assets of the Finnish Kone on its balance sheet. We are talking about a service portfolio that includes 7 thousand pieces of equipment, including high-speed elevators in six regions. The company employs 300 specialists, they will keep their jobs.
Details – in the material “Kommersant” “The Finns came out of the elevator”.
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