TK Elevator Selects Banks for Key Roles in Potential €25bn German IPO
ByAinvest
Friday, Feb 6, 2026 5:31 am ET1min read
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TK Elevator, a global elevator manufacturer, has reportedly selected banks for key roles in its planned IPO in Frankfurt, potentially making it one of Europe's largest IPOs in years. Goldman Sachs, Deutsche Bank, Morgan Stanley, Barclays, and UBS have been chosen as global coordinators, with the company potentially valued at around €25 billion. The IPO is expected to take place in the second half of this year.
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