공고 • Aug 03
KONE Egypt Introduces MyKONE Digital Customer Portal KONE Egypt has introduced myKONE, a digital customer portal that enhances collaboration and gives customers greater visibility throughout project delivery. myKONE brings that philosophy to life by giving customers a single digital gateway to their projects. Through the platform, customers can follow project progress from order confirmation through project delivery, monitor key milestones, receive email notifications when key project milestones are completed, access project information and stay connected with their KONE project team. By bringing essential project information together in one place, myKONE provides greater visibility, simplifies communication and helps customers stay informed and engaged throughout the project journey. The introduction of myKONE supports KONE's Rise strategy by accelerating digitalization and reinforcing the company's customer-centric approach. 공고 • Jun 03
KONE Corporation Announces Board Appointments KONE Corporation held its Extraordinary General Meeting in Helsinki on June 3, 2026 approved election of Ranjan Sen and Bruno Schick as new members of the Board of Directors. 공고 • May 01
KONE Corporation Provides Earnings Guidance for the Year 2026 KONE Corporation provided earnings guidance for the year 2026. For the year, KONE expects its sales to grow 3% - 6% at comparable exchange rates in 2026. 공고 • Apr 30
KONE Oyj (HLSE:KNEBV) agreed to acquire TK Elevator GmbH from consortium led by Advent International, L.P. and Cinven Limited for €29.4 billion. KONE Oyj (HLSE:KNEBV) agreed to acquire TK Elevator GmbH from consortium led by Advent International, L.P. and Cinven Limited for €29.4 billion on April 29, 2026. As part of consideration, €5 billion is paid towards common equity of TK Elevator GmbH. The consideration consists of 270 million common equity of KONE Oyj to be issued for common equity of TK Elevator GmbH. The majority of TKE's existing interest-bearing net debt, amounting to approximately EUR 9.2 billion, is expected to be refinanced. As part of the transaction, KONE has received committed financing from Bank of America and BNP Paribas and intends to fund the cash component of the transaction consideration, including refinancing of the majority of TKE’s interest-bearing net debt, through a combination of cash from its balance sheet and the proceeds from new debt raised.
KONE's current President and Chief Executive Officer Philippe Delorme would lead the combined group, with Ilkka Hara as Chief Financial Officer. Antti Herlin would remain as Chairman of the Board of Directors, with an ownership representing over 50% of KONE's voting rights, ensuring continuity and a sustained long-term strategic focus. TKE shareholders would have the right to nominate up to two members of KONE's Board of Directors. The combined group would be headquartered in Finland.
For the period ending September 30, 2025, TK Elevator GmbH reported total revenue of €9.23 billion and EBIT of €1.36 billion and Adjusted EBIDTA €1.6 billion. As of September 30, 2025, TK Elevator GmbH reported total assets of €22.65 billion. The Board of Directors of KONE has furthermore unanimously concluded that the transaction is in the best interests of KONE. The transaction is subject to approval of offer by acquirer shareholders and approval by regulatory board / committee. The transaction is conditional upon an authorization for the KONE’s Board of Directors to issue the share consideration to Vertical Topco I S.A. in a directed share issuance (by a majority of two-thirds of votes cast and shares represented), and election of two members of the Board of Directors of KONE nominated by Vertical Topco I S.A. (by a simple majority), conditionally on completion of the transaction. The expected completion of the transaction is expected to occur earliest in the second quarter of 2027.
The transaction is expected to be accretive to KONE’s earnings per share, adjusted for amortization of intangibles resulting from the transaction and one-off transaction and integration costs, in the first full year post-completion with an accelerating trajectory in subsequent years.
Bank of America Europe DAC, Stockholm branch acted as financial advisor for KONE Oyj. Bank of America Europe DAC, Stockholm branch acted as fairness opinion provider for KONE Oyj. BNP Paribas SA, Bankfilial Sverige acted as fairness opinion provider for KONE Oyj. Hannes Snellman Attorneys Ltd. acted as legal advisor for KONE Oyj. Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor for KONE Oyj. Goldman Sachs Bank Europe SE acted as financial advisor for TK Elevator GmbH. Kirkland & Ellis, Germany acted as legal advisor for TK Elevator GmbH. Roschier, Attorneys Ltd. acted as legal advisor for TK Elevator GmbH. Freshfields LLP acted as legal advisor for TK Elevator GmbH. 공고 • Mar 06
KONE Corporation Announces Changes In Board And Committee Composition KONE Corporation, at its meeting held after the Annual General Meeting on March 5, 2026, the Board of Directors of KONE Corporation elected from among its members Antti Herlin as its Chairman and Jussi Herlin as Vice Chair. Marika Fredriksson was elected as Chair of the Audit Committee and Susan Duinhoven, Jussi Herlin and Timo Ihamuotila as members of the Audit Committee. Marika Fredriksson, Susan Duinhoven and Timo Ihamuotila are independent of both the company and of significant shareholders. Timo Ihamuotila was elected as Chair of the Nomination and Compensation Committee and Susan Duinhoven, Antti Herlin and Jussi Herlin as members of the Nomination and Compensation Committee. Timo Ihamuotila and Susan Duinhoven are independent of both the company and of significant shareholders. Meeting date: March 5, 2026. 
