Otis Worldwide Subsidiaries & Acquisitions

  • December 19, 2024

Otis Worldwide Corporation has strengthened its market position through strategic acquisitions in engineering, smart building technologies, and sustainable mobility. These moves enhance its core elevator and escalator business while driving growth and innovation. This article examines how Otis’s subsidiaries and acquisitions contribute to its success.

Notable Acquisition of Otis Worldwide

Jardine Schindler Group (Sep 10, 2024) – Elevator and escalator services in Asia-Pacific markets.

List of Otis Worldwide Acquisitions

S. No.Acquiree Name Announced Date Price 
1Jardine Schindler GroupSep 10, 2024—

List of Otis Worldwide Subsidiaries

The table contains the 36 subsidiaries of Otis Worldwide –

S. No.SubsidiariesCountry
1Allyn Holdings IncUnited States
2Otis Elevator CompanyUnited States
3Otis Electric Elevator Company LimitedChina
4Otis Elevator (China) Investment Company LimitedChina
5Otis Elevator Holdings LimitedUnited Kingdom
6Otis LimitedUnited Kingdom
7Otis Canada IncCanada
8Ridgefield Holdings CorporationCanada
9Otis AsCzech Republic
10Otis Investments LimitedEngland
11Alder France Holdings SasFrance
12Alder Holdings SasFrance
13Alder Paris Holdings SasFrance
14Chestnut HoldingsFrance
15Otis ScsFrance
16Otis Holdings Gmbh & Co OhgGermany
17Otis International Holdings GmbhGermany
18Redwood Holding GmbhGermany
19Otis Elevator Company (Hk) LimitedHong Kong
20Otis Far East Holdings LimitedHong Kong
21Otis Elevator Company (India) LimitedIndia
22Ceam Costruzioni Elettromeccaniche Ascensori E Montacarichi SrlItaly
23Cypress Holdings SrlItaly
24Otis Servizi SrlItaly
25Nippon Otis Elevator CompanyJapan
26Highland Holdings Sà RlLuxembourg
27Juniper Holdings Sà RlLuxembourg
28Madison Holdings BvNetherlands
29Otis Pacific Holdings BvNetherlands
30Otis Gesellschaft MbhSearch Results
319G Elevator Pte LtdSingapore
32Otis International Asia Pacific Pte LtdSingapore
33Otis Elevator KoreaSouth Korea
34Opal Spanish Holdings SaSpain
35Otis Mobility SaSpain
36Otis SaSwitzerland

Table of Content

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