Schindler : Jardine Schindler acquires majority stake in XJ Elevator Private Limited in Singapore
September 13, 2016 at 01:05 am EDT
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About Schindler
Founded in Switzerland in 1874, the Schindler Group is a leading global provider of elevators, escalators and related services. Schindler mobility solutions move more than one billion people every day all over the world. Behind the company's success are over 57,000 employees in more than 100 countries.
About Schindler Singapore
Schindler began operating in Singapore during the 1960s. In 1975 Schindler Lifts (Singapore) Pte. Ltd. was established, one year after Jardine Matheson of Hong Kong, and Schindler Holding Ltd. of Switzerland, embarked on a joint venture. Schindler Lifts (Singapore) Pte Ltd. also supports Schindler's operations in Myanmar.
Schindler Holding Ltd. published this content on 13 September 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 September 2016 05:05:05 UTC.
Original documenthttp://www.schindler.com/com/internet/en/media/press-releases-english/press-releases-2016/jardine-schindler-acquires-majority-stake-in-xj-elevator-private.html
Public permalinkhttp://www.publicnow.com/view/38C8467FD33B747CF4AE1591EF5922E7A3F8FF92
Schindler Holding AG is a Switzerland-based holding company that specializes in the manufacture of escalators, elevators and moving walks. It operates globally within one main segment: Elevators and Escalators. The Elevators and Escalators segment provides a range of elevators for different applications, including freight and special elevators, high-rise elevators, residential elevators and commercial elevators. It also offers commercial and public transport escalators, as well as inclined and horizontal moving walks. It's affiliated company, ALSO Holding AG, which provided information and communications technology and consumer electronics in the wholesale and logistics sectors, was disposed during 2011 and merged with Actebis GmbH, forming ALSO-Actebis Holding AG. In June 2014, closed the real estate development project Mall of Switzerland (formerly EbiSquare) together with Halter AG and sold its stake in EbiSquare AG to Halter AG
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