ENGLAND > Japan based Hitachi Expands into England’s Elevator (Lift) Market though Acquisition

Hitachi Japan based Hitachi, Ltd. has acquired London based Temple Lifts Ltd. to enter the European elevator/lift market. Hitachi will be leveraging Temple Lifts’ sales channels, knowledge, existing know-how and technology, and existing maintenance contracts (approx. 5000) to initiate its entry. According to Hitachi’s press release, it has been expanding its elevator business in China, India, Middle East and other Asian More …