ADIA Expresses Interest in Thyssenkrupp Elevator Unit

Posted on 09/17/2019


Thyssenkrupp AG started the process of asking for expressions of interest for its elevator unit, its most profitable division. Advent International is partnering with Cinven and the Abu Dhabi Investment Authority (ADIA) to bid for the elevator unit. The Elevator Technology unit could be valued between 12 billion EUR to 17 billion EUR. Some recipients […]