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
| May 27, 2014
One World Trade Center cuts rents due to sluggish activity
Sluggish economy and lackluster leasing force developer The Durst Organization and the Port Authority of New York and New Jersey to reduce asking rents by nearly 10% to $69/sf.
| May 27, 2014
Fire Rated Glass contributes to open lab environment at JSNN
Openness and transparency were high priorities in the design of the Joint School of Nanoscience & Nanoengineering within the Gateway University Research Park in Greensboro, N.C. Because the facility’s nanobioelectronics clean room houses potentially explosive materials, it needed to be able to contain flames, heat, and smoke in the event of a fire. SPONSORED CONTENT
| May 27, 2014
What are your services worth?
The price, cost, and value of design services are explored in a recent Design Intelligence article authored by Scott Simpson, a senior fellow of the Design Futures Council. Value, he explains, represents the difference between “price” and “cost.” SPONSORED CONTENT
| May 27, 2014
Contractors survey reveals improving construction market
The construction industry is on the road to recovery, according to a new survey by Metal Construction News. Most metrics improved from the previous year’s survey, including a 19.4% increase in the average annual gross contracting sales volume. SPONSORED CONTENT
| May 27, 2014
How to develop a dynamic referral system
Compelling your clients to provide you with quality referrals is one of the best ways to build a successful business. Here are ways to ‘train’ your clients to make quality referrals. SPONSORED CONTENT
Sponsored | | May 27, 2014
Grim Hall opens the door to fire safety with fire-rated ceramic glass
For the renovation of Lincoln University’s Grim Hall life sciences building into a state-of-the-art computer facility, Tevebaugh Associates worked to provide students and faculty with improved life safety protection. Updating the 1925-era facility's fire-rated doors was an important component of the project.
| May 26, 2014
New Jersey data centers will manage loads with pods
The two data center facilities totaling almost 430,000 sf for owner Digital Realty Trust will use the company's TK-Flex planning module, allowing for 24 pods.
| May 23, 2014
Big design, small package: AIA Chicago names 2014 Small Project Awards winners
Winning projects include an events center for Mies van der Rohe's landmark Farnsworth House and a new boathouse along the Chicago river.
| May 23, 2014
Top interior design trends: Gensler, HOK, FXFOWLE, Mancini Duffy weigh in
Tech-friendly furniture, “live walls,” sit-stand desks, and circadian lighting are among the emerging trends identified by leading interior designers.
| May 22, 2014
How to measure what matters
Measuring what matters is essential for professional services firms, says author and consultant Tim Williams, particularly as firms continue to experiment with the concept of outcome-based compensation agreements.
