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Advent, Cinven selling TKE to Kone for $34.4 bn in Europe's largest sell-side PE deal

Manufacturing

30 April, 2026

Advent, Cinven selling TKE to Kone for $34.4 bn in Europe's largest sell-side PE deal

Finnish lift maker Kone has agreed to buy German rival TK Elevator (TKE) in a deal worth 29.4 billion euros ......

Thyssenkrupp sells elevator unit to Advent, Cinven consortium for $18.7 bn

Manufacturing

28 February, 2020

Thyssenkrupp sells elevator unit to Advent, Cinven consortium for $18.7 bn

Thyssenkrupp AG said on Thursday it agreed to sell its elevators division to a consortium of Advent, Cinven and Germany's...

Thyssenkrupp shortlists two PE groups for $17-bn elevator deal

Manufacturing

18 February, 2020

Thyssenkrupp shortlists two PE groups for $17-bn elevator deal

Germany's Thyssenkrupp has shortlisted two private equity consortia in the sale of its 16 billion euro ($17 billion) elevator...

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