Together Kone and TKE will tower over their rivals
Debate over the most momentous developments in transport usually centres on the car, train or plane. Lifts, without which modern high-rise cityscapes would not exist, are typically (and unfairly) overlooked. Every day the world’s urbanites rely on them to travel to heights or depths that would otherwise be inaccessible. Four firms make most of those journeys possible. And on April 29th two of them, Finland’s Kone and Germany’s tkE, announced that they would combine to form the world’s biggest liftmaker.
This article appeared in the Business section of the print edition under the headline “The elevator pitch”
From the May 2nd 2026 edition
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