Finance

Finland’s Kone Agrees to Buy Rival TK Elevator for €29.4 Billion

Kone Oyj agreed to acquire TK Elevator for €29.4 billion ($34.4 billion) including debt, in what will be one of Europe’s biggest-ever private equity exits.

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Bloomberg
April 29, 2026·1 min read
Finland’s Kone Agrees to Buy Rival TK Elevator for €29.4 Billion

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Kone Oyj agreed to acquire TK Elevator for €29.4 billion ($34.4 billion) including debt, in what will be one of Europe’s biggest-ever private equity exits.

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Finland’s Kone Agrees to Buy Rival TK Elevator for €29.4 Billion

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