How many acquisitions has Otis made so far?

Otis has completed 3 acquisitions so far.

Which countries does Otis usually acquire in?

Otis has made acquisitions in 3 countries with the most activity in France and United States.

List of 3 Acquisitions by Otis (Jul 2026)

Q: Which is Otis' latest acquisition?

Otis's most recent acquisition is WeMaintain, a Provider of elevator maintenance services, acquired in April 2026.

Most viewed in 2019

Otis has made a total of 3 acquisitions. These were completed across 3 countries: France, United States, and Brazil. The acquisitions span 5 sectors, including Local Services, Energy Efficiency Tech, and Facility Management Tech. Activity peaked in 2026, 2020, and 2017, with 1 acquisition each year, and the average annual acquisition count between 2020 and 2025 was 0.2. The company completed 1 acquisition this year. Its most recent acquisition is WeMaintain, a provider of elevator maintenance services founded in 2017 and based in Paris; this transaction was finalized in April 2026.

Here's the year on year acquisition history of Otis:

Number of Total Acquisitions

Year	# Acquisitions
2026	1
2020	1
2017	1

View all Acquisitions by Otis

Recent acquisitions by Otis

Otis's most recent acquisition - WeMaintain is a Provider of elevator maintenance services, founded in 2017 and located in Paris. Otis acquired it in April 2026 for a price of $*****.

Here is the list of all acquisitions by Otis sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Apr 13, 2026	WeMaintain	unel	nqdu	59	642
Aug 17, 2020	Bay State Elevator	ixez	tous	37	875
Nov 22, 2017	Melco Elevadores do Brasil	rkbi	ibgy	17	495

Media has covered Otis for a total of 62 events in the last 1 year, 4 of them have been about acquisition activity.

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Kone acquires TKE for €29.4 billionIlgiornaleditalia•Apr 29, 2026•KONE, Thyssenkrupp, TK Elevator, Otis and 1 other

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Otis Takes Majority Stake in WeMaintainFinancial Times•Apr 13, 2026•Otis, WeMaintain

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Otis Korea to acquire Schindler's business in South KoreaElevator World•Oct 20, 2025•Otis, Schindler

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Otis and Sobha Realty Continue to Elevate Luxury Living in DubaiOtis•Aug 04, 2025•Otis, Sobha Realty

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Acquisitions by Otis

List of Otis's Acquisitions

Recent acquisitions by Otis

News related to Otis's acquisitions

FAQs about Acquisitions by Otis