OTIS' Taiwan Subsidiary Acquires Jardine Schindler Lifts in Taiwan
Otis Worldwide (OTIS) ZACKS·2024-09-10 22:10
The Taiwan subsidiary of Otis Worldwide Corporation (OTIS) has acquired Jardine Schindler Lifts Limited (Taiwan) from the Jardine Schindler Group. This buyout will strengthen the company's position in the Taiwan market with the expanded customer reach and operational capacity of Jardine Schindler Lifts. Otis is optimistic about introducing its products and service offerings, including the recently launched Otis ONE platform and the connected Gen3 elevators, to the new customer base. This strategic transacti ...