KONE solidifies presence in San Diego, California 

9/1/2010

KONE Corporation, Press Release, September 1, 2010

KONE has acquired Omega Elevator Company, an independent elevator service company in San Diego with a very credible presence in the local area. 

Omega and KONE are combining their elevator operations under the KONE name during the coming months.  “We are thrilled to be strengthening our position in the San Diego market through this strong partnership with Omega,” says Vance Tang, KONE EVP and Area Director for the Americas.

Omega Elevator Company is privately owned and is focused on elevator maintenance, repairs and modernization. They currently employ 21 people.

Omega has consistently grown their elevator maintenance business by delivering good customer service.  “The combined Omega – KONE teams welcome the opportunity to continue to offer outstanding service to Omega and KONE customers.  We also offer a warm welcome to the new team members from Omega Elevator joining KONE through this acquisition,” Vance concludes.

 

About KONE

KONE is one of the global leaders in the elevator and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading elevators, escalators and automatic building doors as well as innovative solutions for modernization and maintenance. The company's objective is to offer the best People Flow experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. In 2009, KONE had annual net sales of EUR 4.7 billion and approximately 34,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland. Founded in 1910, KONE celebrates its centennial anniversary in 2010.

www.us.kone.com

For further information, please contact:
Jeff Eaton, Director, Acquisitions, KONE Inc., tel. (925) 984-0019 or
Kellie Lindquist, Marketing Manager, KONE Inc., tel  (630) 955-4202

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