Nordic Business Report-July 21, 2006-KONE Corporation to acquire French elevator company
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Finnish elevators and escalators manufacturer KONE Corporation said on Friday (21 July) that it had signed an agreement to acquire the French elevator company Evin SAS.
The company recorded sales of EUR14m in 2005 and it has a workforce of over 100 persons.
The acquisition price was not disclosed.
One euro (EUR) is worth approximately 0.69 British pounds (GBP).
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