President and Chief Executive Officer (CEO) of Finnish lift company Kone, Philippe Delorme (L) and Chief Financial Officer (CFO) Ilkka Hara address a press conference at the headquarters in Espoo, Finland on April 29, 2026, after the company announced the acquisition of its German rival TKE in a giant share-and-cash deal valuing TKE at 29.4 billion euros (USD 34.4 billion). The group formed by the merger will be nearly twice the size of the current Kone group, with more than 100,000 employees in over 100 countries and annual revenue of around 20.5 billion euros, the two companies said in a statement. (Photo by Emmi Korhonen / Lehtikuva / AFP via Getty Images) / Finland OUT