Schindler Acquires Hontz

MORRISTOWN, N.J.-Schindler Elevator Corp., the elevator and escalator manufacturer, completed the purchase of Connecticut-based Hontz Elevator Company Inc.

The acquisition also includes Hontz Elevator of Florida, located in Orlando. The acquisition enables Schindler to expand its service in the Northeast and Florida. The former Hontz locations will now operate under the name Hontz Elevator, a Schindler Co. The financial terms of the acquisition were not released.

Hontz Elevator Co., operating in the Northeast and in north Florida, designs, installs and services freight and passenger elevators, handicapped lifts, residential lifts, wheelchair lifts and dumbwaiters. The Hontz portfolio includes universities and colleges, airports, hotels, condominiums, office buildings, hospitals and private residences.

Schindler Elevator Corporation is the North American operation of the Swiss-based Schindler Group, the world’s largest escalator manufacturer and the second-largest elevator manufacturer.