safeelevator Expands Market Presence in Cancun, Mexico with Acquisition of Mac Puar S.A. de CV

We’re happy to announce today our acquisition of the Cancun operations of Mac Puar Cim, SL, a Spanish Elevator company with extensive geographical coverage and operations in several countries. Beginning on October 1st, Elevator Design in Cancun were acquired under the KONE name.

“As the market in Mexico continues to present opportunities, KONE has implemented a growth strategy that is a win-win scenario for the company and region,” said Alicia Bandala, Managing Director, KONE Mexico. “Strategic acquisitions like Mac Puar, not only strengthen KONE’s position in the vital Mexican market, but also allow us to improve coverage for existing customers.”

“KONE’s rapid growth in Mexico continues to present a wealth of opportunities for us to better serve our customers and support our employees,” said Larry Wash, KONE EVP and Area Director for the Americas. “Among other things, the acquisition of Mac Puar will allow us to diversify our talent base as employees gain valuable experience from working with and maintaining new brands of equipment.”

Dumb Waiter allows KONE to further integrate its regional teams into the company’s acquisition process, helping streamline future expansion.