| Asea-Graham elevator business acquired by KONE; business volume triples. Market leadership in the Nordic countries. |
1968 |
International operations account for 76% of net sales. KONE acquires Eguren in the Basque Country of Spain.
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1969 |
| KONE buys Austrian company Sowitsch AG. |
1970 |
| KONE buys French subsidiary of Falconi |
1972 |
| KONE buys German company Hävemeier & Sander (established 1873). |
1973 |
| KONE buys Whitbread Lifts of the U.K. |
1974 |
| KONE buys Belgian and French subsidiaries of American Westinghouse; volume of business doubles. The Belgian company was originally Jaspar, established in 1842. |
1975 |
| KONE buys Brazilian company Elevadores Induco. |
1976 |
| KONE buys British company Marryat & Scott. KONE international operations account for more than 80% of net sales. |
1979 |
| Ownership of Armor Elevator of the U.S.A transferred to KONE. |
1982 |
| KONE buys the Canadian subsidiary of American manufacturer Montgomery Elevator. |
1985 |
| KONE buys Bauer, a Bavarian elevator company. |
1985 |
| KONE buys leading Italian elevator manufacturers Sabiem and Fiam. |
1985, 1987 |
| KONE buys British company Bennie Lifts. |
1986 |
| KONE acquires minority holding in German escalator manufacturer O & K Rolltreppen, established 1887. |
1987 |
| KONE buys Flynn-Hill of the U.S.A. |
1989 |
| KONE buys leading Dutch elevator manufacturer Starlift. |
1989 |
| KONE buys Italian elevator manufacturer Bassetti, Australia's EPL and Leonard Lifts of the U.K. |
1990 |
| KONE buys Ellis & McDougall of Scotland, Pragolift of the Czech Republic and Tekimal of Turkey. |
1992 |
| KONE buys the fourth largest US elevator manufacturer, Montgomery Elevator. KONE buys remaining shares in KONE India. |
1994 |
KONE buys all outstanding shares of
O & K Rolltreppen and becomes the international market leader in escalators. |
1996 |
| KONE buys Sabiem Elevators Pty of South Africa. |
1997 |
| KONE opens new elevator factory in China. KONE and Toshiba take first steps to establish global elevator and escalator business alliance. Agreement includes license for Toshiba to market in Japan machine-room-less elevators based on KONE MonoSpace® technology. |
1998 |
| KONE launches a new, environmentally friendly ECO3000™ escalator. |
1999 |
| KONE and Toshiba sign an historic agreement to exchange shares and extend Toshiba’s license to market elevators based on KONE MonoSpace® technology to China. |
2001 |
| KONE acquires Finnish crane, cargo handling, forest machine and tractor company Partek, whose total sales are roughly equal to KONE's. |
2002 |
| KONE acquires the front-line elevator business of Bharat Bijlee Limited (BBL), one of India's leading electrical engineering companies. |
2004 |
| KONE Corporation and Giant Elevator Co. Ltd of China form an independent joint venture company: Giant Kone Elevator Company Ltd. KONE acquired a controlling interest in Thai Lift Industries Public Company Limited and made a public offer to acquire all its outstanding shares. KONE increases its participation in the Russian elevator and escalator market by establishing a joint venture with Russia’s premier elevator company, Karacharovo Mechanical Factory (KMZ). |
2005 |
| KONE Acquires Evin SAS. The acquisition strengthens KONE’s position as a market leader in the elevator and door businesses and improves its position in several regions in France. |
2006 |
| KONE Acquires RSU5 in St. Petersburg. The acquisition further strengthens KONE’s position in St. Petersburg by giving KONE access to the municipal housing market. |
2007 |
| KONE acquires an elevator company in northern New Jersey. The acquisition significantly increases KONE's maintenance base in northern New Jersey |
2008 |