ThyssenKrupp Elevator has acquired the business operations of Sterling Elevator Services Corp., headquartered in Edmonton, Alberta. Sterling Elevator Services Corp. (SES) is a full-service elevator company providing new installation, maintenance, repair and modernization in the province of Alberta. SES has been successfully serving building owners, management companies, architects, and general contractors since 1992.
In May 2011, ThyssenKrupp AG decided on an integrated strategic development program to move the group forward competitively and sustainably. Achieving growth is one of the aims of this program. In this context, the acquisition is an important step toward systemically expanding the company’s technology business.
“The acquisition of Sterling Elevator Services further strengthens our position in North America. The solid presence of Sterling Elevator in the Canadian market is a true asset for our growth strategy in the region,” said Dr. Olaf Berlien, Executive Board Chairman of ThyssenKrupp Elevator AG.
The acquisition of Sterling Elevator Services Corporation is the third acquisition completed by ThyssenKrupp Elevator AG in the last three months in North America. The company announced its acquisition of Florida-based General Elevator Sale and Service Inc., in September 2011, and Philadelphia-based United Elevator Co., in October 2011. BD+C
Related Stories
| Dec 1, 2011
Ground broken on first LEED Platinum designed school house built by volunteers
Phoenix public school receives the generous gift of a state-of-the-art building for student and community use.
| Dec 1, 2011
VLK Architects’ office receives LEED certification
The West 7th development, which houses the firm’s office, was designed to be LEED for Core & Shell, which gave VLK the head start on finishing out the area for LEED Silver Certification CI.
| Nov 29, 2011
First EPD awarded to exterior roof and wall products manufacturer
EPD is a standardized, internationally recognized tool for providing information on a product’s environmental impact.
| Nov 29, 2011
Suffolk Construction breaks ground on Boston residential tower
Millennium Place III is a $220 million, 256-unit development that will occupy a full city block in Boston’s Downtown Crossing.
| Nov 29, 2011
Report finds credit crunch accounts for 20% of nation’s stalled projects
Persistent financing crunch continues to plague design and construction sector.
| Nov 29, 2011
SB Architects completes Mission Hills Volcanic Mineral Springs and Spa in China
Mission Hills Volcanic Mineral Springs and Spa is home to the largest natural springs reserve in the region, and measures 950,000 sf.
| Nov 29, 2011
Turner Construction establishes partnership with Clark Builders
Partnership advances growth in the Canadian marketplace.
| Nov 29, 2011
AIA launches stalled projects database
To populate this database with both stalled projects and investors interested in financing them, the AIA in the last week initiated a communications campaign to solicit information about stalled projects around the country from its members and allied professionals.
| Nov 28, 2011
Leo A Daly and McCarthy Building complete Casino Del Sol expansion in Tucson, Ariz.
Firms partner with Pascua Yaqui Tribe to bring new $130 million Hotel, Spa & Convention Center to the Tucson, Ariz., community.
| Nov 28, 2011
Armstrong acquires Simplex Ceilings
Simplex will become part of the Armstrong Building Products division.
