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 |
| 1 | Jardine Schindler Group | Sep 10, 2024 | — |
List of Otis Worldwide Subsidiaries
The table contains the 36 subsidiaries of Otis Worldwide –
| S. No. | Subsidiaries | Country |
| 1 | Allyn Holdings Inc | United States |
| 2 | Otis Elevator Company | United States |
| 3 | Otis Electric Elevator Company Limited | China |
| 4 | Otis Elevator (China) Investment Company Limited | China |
| 5 | Otis Elevator Holdings Limited | United Kingdom |
| 6 | Otis Limited | United Kingdom |
| 7 | Otis Canada Inc | Canada |
| 8 | Ridgefield Holdings Corporation | Canada |
| 9 | Otis As | Czech Republic |
| 10 | Otis Investments Limited | England |
| 11 | Alder France Holdings Sas | France |
| 12 | Alder Holdings Sas | France |
| 13 | Alder Paris Holdings Sas | France |
| 14 | Chestnut Holdings | France |
| 15 | Otis Scs | France |
| 16 | Otis Holdings Gmbh & Co Ohg | Germany |
| 17 | Otis International Holdings Gmbh | Germany |
| 18 | Redwood Holding Gmbh | Germany |
| 19 | Otis Elevator Company (Hk) Limited | Hong Kong |
| 20 | Otis Far East Holdings Limited | Hong Kong |
| 21 | Otis Elevator Company (India) Limited | India |
| 22 | Ceam Costruzioni Elettromeccaniche Ascensori E Montacarichi Srl | Italy |
| 23 | Cypress Holdings Srl | Italy |
| 24 | Otis Servizi Srl | Italy |
| 25 | Nippon Otis Elevator Company | Japan |
| 26 | Highland Holdings Sà Rl | Luxembourg |
| 27 | Juniper Holdings Sà Rl | Luxembourg |
| 28 | Madison Holdings Bv | Netherlands |
| 29 | Otis Pacific Holdings Bv | Netherlands |
| 30 | Otis Gesellschaft Mbh | Search Results |
| 31 | 9G Elevator Pte Ltd | Singapore |
| 32 | Otis International Asia Pacific Pte Ltd | Singapore |
| 33 | Otis Elevator Korea | South Korea |
| 34 | Opal Spanish Holdings Sa | Spain |
| 35 | Otis Mobility Sa | Spain |
| 36 | Otis Sa | Switzerland |
