KONE acquires MARVI Elevator group in Spain

Press Release Published 01/09/2010

KONE has acquired the Spanish MARVI Elevator group. MARVI installs, maintains and modernizes elevators in the eastern regions of Spain, and has an assembly and logistics center in Lérida (Catalonia). The group has approximately 240 employees and a maintenance base of 12,500 units.

“This acquisition strengthens KONE’s position in Spain and helps us to improve our operations in the eastern provinces,” says Eric Maziol, EVP and Area Director for West and South Europe, KONE. “We are proud to add these new customers and employees to our existing operations in Spain.”

MARVI, which was founded in 1965, has experienced strong growth and developed solid customer relationships over the years. It is one of the market leaders in the eastern provinces of Spain.

For further information, please contact:
Anne Korkiakoski, EVP, Marketing & Communications, KONE Corporation, tel. +358 204 75 4775
Antonia Guillén, Managing Director, KONE Iberica, tel. +34 913 277 050

2010-09-21 KONE acquires MARVI Elevator group in Spain

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