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Press Release


TK Elevator acquires Regional Elevator, one of the largest independent elevator companies in Ottawa-Gatineau, Canada

  • More than 50 employees from Regional Elevator join TK Elevator Canada on Dec. 1, 2023.

Ottawa, Ontario, Canada (Dec. 1, 2023) – TK Elevator has acquired Regional Elevator, a leading provider of elevator service, modernization and new construction in the Ottawa-Gatineau area.

“Regional Elevator has been an important elevator service provider in the Ottawa-Gatineau area for over 20 years, and we are excited to welcome their elevator experts to the North American TK Elevator team.” says Jeremy Rainwater, CEO of TK Elevator Americas. “This acquisition allows us to continue providing the highest quality of support and mobility solutions in Ottawa, while expanding our ability to meet the demands of customers in this growing market.”

TK Elevator has had a strong presence in Ottawa for decades. In partnership with local government, developers and property managers, the company has been key to keeping the city safely on the move.

Among the more than 50 employees joining TK Elevator Canada is founder Rob Cane, who established Regional Elevator in 2000, and is a trusted leader within the elevator community. He expressed the following about the partnership, “We are very proud to be part of the TK Elevator team and will continue putting our customers first in all that we do.”

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TK Elevator

With customers in over 100 countries served by more than 50,000 employees, TK Elevator achieved sales of around €9 billion in fiscal year 2022/2023. We ensure high levels of customer service globally from our extensive network of about 1,000 locations. Over the past several decades, TK Elevator has established itself as one of the world’s leading elevator companies and became independent after separation from the thyssenkrupp group in August 2020. The company’s most important business line is the service business proudly provided by around 25,000 service technicians. The product portfolio ranges from standardized elevators for low-rise residential buildings to highly customized solutions for skyscrapers. In addition, it covers escalators, moving walks, passenger boarding bridges and stair and platform lifts. Integrated cloud-based solutions, such as the MAX platform, are delivering enhanced services. With these digital offerings, there are no longer any limits to urban mobility. TKE – move beyond.