I I F ■ F Matteo Colombo Investment thesis Otis Worldwide Corporation (NYSE:OTIS) is in the elevator and escalator business. It manufactures, installs and services lifts. The company's operations are organized into 2 segments: 1) new equipment and 2) service. OTIS was spun off from United Technologies in 2020 and is now a pure-play on elevators and escalators. For the deal, UTX shareholders received 0.5 shares of Otis for every UTX share owned. The New Equipment segment focuses on manufacturing + installing ...