KONE acquires Accurate Elevator in Naples, Florida


KONE Inc., press release, December 10, 2012

KONE has acquired the Naples area business of Accurate Elevator Inspection Services, Inc., an independent elevator company with a very strong reputation in the Naples, Fla. market. Since 2003, Accurate has steadily built its service business through attention to high quality and customer service.

Accurate and KONE will combine elevator operations under the KONE name during the next few months. "We are thrilled to be adding great new customers to our already strong KONE operations in Naples," said Larry Wash, KONE EVP and Area Director for the Americas.

"We welcome the opportunity to continue to offer outstanding service to Accurate and KONE customers," Wash concludes.

For further information, please contact:
Jeff Eaton, Director, Acquisitions, KONE Inc., tel. +1 925 984 0019
Kellie Lindquist, Marketing Manager, KONE Inc., tel. +1 630 955 4202

About KONE

KONE is one of the global leaders in the elevator and escalator industry. KONE'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. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings. KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2015, KONE had annual net sales of EUR 8,6 billion, and at the end of the year close to 50,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd. in Finland.

For more information, see www.kone.us