Thyssenkrupp to Acquire Nashville Machine Elevator
May 31 2019 - 2:47PM
Dow Jones News
By Stephen Nakrosis
Thyssenkrupp Elevator on Friday said would acquire Nashville
Machine Elevator.
Nashville Machine Elevator's office will be integrated into
Thyssenkrupp as one of its branches in the Southeast, and its 130
employees will be given the opportunity to join Thyssenkrupp.
Financial terms of the deal weren't disclosed.
Nashville Machine Elevator, began servicing and installing
elevators nearly 100 years ago, had been the exclusive distributor
in the Middle Tennessee area for thyssenkrupp Elevator, the company
said.
Thyssenkrupp AG (TKAMY) is the parent company of thyssenkrupp
Elevator.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
May 31, 2019 14:32 ET (18:32 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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