---
title: "Otis: Completed the acquisition of 100% equity in Otis Electromechanical"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/261347473.md"
description: "On October 16th, Otis announced that, based on strategic planning and business development needs, the company reached an agreement with minority shareholders of Otis Elevator (China) Co., Ltd. to complete the acquisition of their equity in Otis Elevator (China). As a result, Otis Elevator (China) has become a wholly-owned subsidiary of Otis Elevator Investment Co., Ltd"
datetime: "2025-10-16T01:25:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/261347473.md)
  - [en](https://longbridge.com/en/news/261347473.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/261347473.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/261347473.md) | [繁體中文](https://longbridge.com/zh-HK/news/261347473.md)


# Otis: Completed the acquisition of 100% equity in Otis Electromechanical

On October 16th, Otis announced that, based on strategic planning and business development needs, the company reached an agreement with minority shareholders of Otis Elevator (China) Co., Ltd. to complete the acquisition of their equity in Otis Elevator (China). As a result, Otis Elevator (China) has become a wholly-owned subsidiary of Otis Elevator Investment Co., Ltd

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