TK Elevator Selects Banks for Mega German IPO
ByAinvest
Friday, Feb 6, 2026 4:54 am ET1min read
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TK Elevator, owned by private equity firms Advent and Cinven, has selected banks for top roles on its planned IPO in Frankfurt, potentially valuing the company at €25 billion. Goldman Sachs, Deutsche Bank, Morgan Stanley, Barclays, and UBS are the global coordinators, with Rothschild & Co. and Lilja & Co. serving as independent advisers. The listing could take place in the second half of the year.
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