TENZING Partners acted as the exclusive advisor to the shareholders of LUXLIFT SARL in its sale to KONE Group, a global leader in the elevator and escalator industry.

Founded over 30 years ago, LUXLIFT is a family-owned company specializing in the assembly, installation, maintenance, and modernization of elevators. Operating exclusively in Luxembourg, the company is known for its high-quality standards, advanced technology integration, and customized elevator solutions tailored to high-end market demands. Its skilled workforce and strong reputation have enabled LUXLIFT to rapidly grow and establish a significant presence in the sector.

Listed on NASDAQ OMX Helsinki (Ticker: KNEBV), KONE Group is a global leader in the elevator and escalator industry, providing innovative and eco-efficient solutions for the installation, maintenance, and modernization of elevators and escalators. With operations in over 60 countries, KONE focuses on enhancing the flow of urban life through sustainable technology and high-quality service.