KONE acquires automatic door company in France

Press Release Published 15/06/2010

KONE has acquired ATPE-AMIB S.A., a French automatic door company. The Paris-based company provides and maintains gates, garage doors, access control and intercom installations in residential buildings. ATPE-AMIB has 2,800 doors in its maintenance base and employs 49 people.


“This acquisition strengthens KONE’s position in France and helps us improve our maintenance and modernization operations,” says Eric Maziol, EVP and Area Director for South and West Europe and the Middle East, KONE.

For further information, please contact:

Jean- François Granat, Marketing and Communications Manager, KONE France
Tel. +33 4 9718 4725

Anne Korkiakoski, EVP, Marketing & Communications, KONE Corporation
Tel. +358 204 75 4775

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.kone.com

2010-06-15 KONE acquires automatic door company in France

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