News

Feb 10th, 2015

Munich, Germany, February 10, 2015. The Wittur Group announced today that Paternoster Holding III GmbH, an indirect, wholly owned subsidiary of Bain Capital Europe Fund IV, L.P. (“Bain Capital”), has priced €225 million in aggregate principal amount of senior notes due 2023 (the “Senior Notes”) in connection with the acquisition by Bain Capital of The Wittur Group (the “Acquisition”). The Acquisition remains subject to regulatory clearance and customary closing conditions. The Senior Notes will bear interest at a rate of 8.50% to be paid semi-annually, in arrears. The Wittur Group expects that consummation of the offering of the Senior Notes will occur on February 17, 2015.
The Senior Notes are being offered only to qualified institutional buyers in accordance with Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and outside the United States in accordance with Regulation S under the Securities Act.
 
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This document is not an offer of securities for sale in the United States.  Senior Notes may not be sold in the United States unless they are registered under the Securities Act or are exempt from registration. These materials are not for distribution in the United States. The offering of Senior Notes described in this press release has not been and will not be registered under the Securities Act, and accordingly any offer or sale of Senior Notes may be made only in a transaction exempt from the registration requirements of the Securities Act.
 
It may be unlawful to distribute this document in certain jurisdictions.  This document is not for distribution in Canada, Japan or Australia.  The information in this document does not constitute an offer of securities for sale in Canada, Japan or Australia.
 
This document has been prepared on the basis that any offer of the Senior Notes in any Member State of the European Economic Area (“EEA”) which has implemented the Prospectus Directive (2003/71/EC), as amended by Directive 2010/73/EU (each, a “Relevant Member State”) will be made pursuant to an exemption under the Prospectus Directive, as implemented in that Relevant Member State, from the requirement to publish a prospectus for offers of Senior Notes. Accordingly any person making or intending to make any offer in that Relevant Member State of the Senior Notes which are the subject of the placement contemplated in this document may only do so in circumstances in which no obligation arises for the issuer or any of the initial purchasers of such notes to publish a prospectus pursuant to Article 3 of the Prospectus Directive or supplement a prospectus pursuant to Article 16 of the Prospectus Directive, in each case, in relation to such offer. Neither the issuer nor the initial purchasers of such Senior Notes have authorized, nor do they authorize, the making of any offer of Senior Notes in circumstances in which an obligation arises for the issuer or any initial purchasers of such notes to publish or supplement a prospectus for such offer.
 
This document is only being distributed to, and is only directed at, persons in the United Kingdom that are “qualified investors” within the meaning of Article 2(1)(e)(i), (ii) or (iii) of the Prospectus Directive and that also (i) are “investment professionals” falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the “Order”), (ii) are persons falling within Article 49(2)(a) to (d) (high net worth companies, unincorporated associations, etc.) of the Order, or (iii) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as “relevant persons”). This document is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this document relates is available only to relevant persons and will be engaged in only with relevant persons.
 
Neither the content of The Wittur Group’s website nor any website accessible by hyperlinks on The Wittur Group’s website is incorporated in, or forms part of, this announcement. The distribution of this announcement into jurisdictions other than the United Kingdom may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
 
No money, securities or other consideration is being solicited, and, if sent in response to the information contained herein, will not be accepted. 
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Feb, 10-12th 2015

Wittur is glad to invite you to the 1st International Elevator & Escalator Expo in Dhaka, Bangladesh. This event will focus on the peculiar requirements of the fast growing nearby elevator markets; therefore Wittur India is going to present a selection of products particularly in line with customers’ expectations in these markets. All the products displayed are manufactured and assembled in the Wittur India production facility in Chennai.

The highlight of this exhibition are the MCS1 car door, a range of modular cars based on an innovative fixing system available in several interior finishes and the MDS1 door, an automatic car door designed for new general purpose lifts in residential buildings.
Wittur’s guests are also going to appreciate Wittur MRL W Line and MRM W Line, two complete elevator packages based mainly on Wittur components. MRL W line is a complete machine roomless elevator package for residential and public buildings, while MRM W line is specifically designed for the modernization of elevators in existing buildings. The excellence of the components manufactured by Wittur guarantees the best quality of the elevator and the highest degree of safety for end users and installation and maintenance technicians.

Come to visit us in HALL 01, STALL A51&A52.

Wittur staff will be pleased to meet you and show you how Wittur is innovating the elevator business!


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February 3, 2015

Munich, Germany, February 3, 2015.  The Wittur Group announced today that Paternoster Holding III GmbH, an indirect, wholly owned subsidiary of Bain Capital Europe Fund IV L.P. (“Bain Capital”) will make an offering of €200 million in aggregate principal amount of senior notes due 2023 (the “Senior Notes”) in connection with the acquisition by Bain Capital of The Wittur Group (the “Acquisition”). The Acquisition remains subject to regulatory clearance and customary closing conditions.
The Senior Notes are being offered only to qualified institutional buyers in accordance with Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and outside the United States in accordance with Regulation S under the Securities Act.
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This document is not an offer of securities for sale in the United States.  Senior Notes may not be sold in the United States unless they are registered under the Securities Act or are exempt from registration. These materials are not for distribution in the United States. The offering of Senior Notes described in this press release has not been and will not be registered under the Securities Act, and accordingly any offer or sale of Senior Notes may be made only in a transaction exempt from the registration requirements of the Securities Act.
 
It may be unlawful to distribute this document in certain jurisdictions.  This document is not for distribution in Canada, Japan or Australia.  The information in this document does not constitute an offer of securities for sale in Canada, Japan or Australia.
 
This document has been prepared on the basis that any offer of the Senior Notes in any Member State of the European Economic Area (“EEA”) which has implemented the Prospectus Directive (2003/71/EC), as amended by Directive 2010/73/EU (each, a “Relevant Member State”) will be made pursuant to an exemption under the Prospectus Directive, as implemented in that Relevant Member State, from the requirement to publish a prospectus for offers of Senior Notes. Accordingly any person making or intending to make any offer in that Relevant Member State of the Senior Notes which are the subject of the placement contemplated in this document may only do so in circumstances in which no obligation arises for the issuer or any of the initial purchasers of such notes to publish a prospectus pursuant to Article 3 of the Prospectus Directive or supplement a prospectus pursuant to Article 16 of the Prospectus Directive, in each case, in relation to such offer. Neither the issuer nor the initial purchasers of such Senior Notes have authorized, nor do they authorize, the making of any offer of Senior Notes in circumstances in which an obligation arises for the issuer or any initial purchasers of such notes to publish or supplement a prospectus for such offer.
 
This document is only being distributed to, and is only directed at, persons in the United Kingdom that are “qualified investors” within the meaning of Article 2(1)(e)(i), (ii) or (iii) of the Prospectus Directive and that also (i) are “investment professionals” falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the “Order”), (ii) are persons falling within Article 49(2)(a) to (d) (high net worth companies, unincorporated associations, etc.) of the Order, or (iii) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as “relevant persons”). This document is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this document relates is available only to relevant persons and will be engaged in only with relevant persons.
 
Neither the content of The Wittur Group’s website nor any website accessible by hyperlinks on The Wittur Group’s website is incorporated in, or forms part of, this announcement. The distribution of this announcement into jurisdictions other than the United Kingdom may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
 
No money, securities or other consideration is being solicited, and, if sent in response to the information contained herein, will not be accepted.
 
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December 12th, 2014

The next edition of the International Trade Fair for Elevators, Components and Accessories is scheduled for 13th – 15th of October 2015. The first interlift in the Augsburg Exhibition Centre dates back to 1991 with Wittur being recognized as being one of the exhibitors that attended all editions ever since.
Having the largest range of products as a supplier in the elevator industry, Wittur traditionally reserved its exhibition space in the middle of the spacious Hall 7. However, we frequently struggled to be able to show all of our newly developed products and solutions. Last year we inaugurated a radically new concept based on a central square highlighted by four advanced multimedia banners. The concept was very well received: With more than 1,300 registered visitors during the four days and the strong support by the whole Wittur team, the interlift 2013 turned into a great success.
Consequently, the bar was raised to a very high level and therefore an international team is already working on exceeding these high expectations. The exhibition space for the interlift is always in high demand and this is why the exhibition organizers decided to add a new pavilion next to the main exhibition entrance. As the Wittur Group is being the biggest exhibitor at the event, we were offered the opportunity of accommodating ourselves in the new pavilion as our new location and we decided to go for it.
The interlift 2015 will provide a completely redesigned entrance setup between the Convention Centre and Hall 1. Next to the main entrance a new construction will be prepared: an eight meter high exhibition hall, completely free of columns, which will be preceded by a service area. The new 1,500 m² modern lightweight construction in the middle of the exhibition center will be named “WITTUR CUBE” and it will be exclusively dedicated to Wittur and is set to become the new focal point of the interlift.
The new building is going to offer Wittur a wealth of new possibilities and more space to present the incredibly wide scope of our range. At the same time, the availability of more space will give us further possibilities to inform our customer, to perform live activities and presentations following the spirit of the Wittur Academy and, generally speaking, will enhance our capability to turn our customer’s visit into a profitable time for their business.
New ideas for our stand concept and layout are currently being developed and we are looking forward to setting up another successful exhibition team, which will turn “Safety in Motion” into 4 days of exciting sales activities with our international customers.

Franco Roccheggiani (Corporate Director Marketing),
Carlo Ferrari (Marketing Communication Manager) 
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December 4th, 2014

Wittur announced today the end of the extension works in its production facility in Krupina, Slovakia.
 
The project started at the end of 2013 and it included a compete redesign of the exhisting hall layout and the introduction of a complete production line for steelworks and related painting line.
 
The current total production and warehouse area of Wittur Slovakia is in excess of 8000 sqm; this important investment offers Wittur an increased production capability for its best-selling products.
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Safety rules for the construction and installation of elevators subject to seismic conditions

According to installation place, acceleration (d) is the basic value to calculate the corrective actions due to seismic hazard.
Four categories of seismic hazard from 0 to 3 are defined.
Special engineering in the elevator construction is then applied to avoid injuries, people trapped in the elevator, oil leakage and out of order elevators.

A selection of corrective actions includes:

• Sling: special sling retaining devices
• Counterweight: frame and filler retaining devices
• Car door: independent car door locks
• Drive: rope retaining device on pulley
• Guided compensation chains
• Rupture valve on hydraulic systems
• Emergency power supply for rescue
• Seismic detection system.

Wittur elevator packages can also be supplied with compliance to EN81-77. Ask you Wittur contact!
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Zaragoza, Spain, October 24th, 2014

Wittur disclosed today a project for a new test tower, which is currently being built in Wittur production facility in Zaragoza, spain.
 
The test tower can host up to two complete 2500 kg elevators for testing purposes. It is 30 metres high, with 8 stops. 
 
The new testing facility will be used to develop the range of Wittur components and solutions including Wittur complete elevator packages.End of construction works is scheduled for March 2015.
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October 20th, 2014

Interview to Wolfgang Adldinger, Wittur Corporate Director for Lift Norms by Christian Obenhaupt.
Wolfgang Adldinger is the Corporate Director for Lift Norms and his time at Wittur reaches back over 20 years.
Norms describe and ensure a certain level of safety and quality standards that companies (our customers and suppliers like us) have legally to fulfill in order to bring their products onto a market. Norms can be considered as a strategic management tool because they can enable or restrict access to different markets, reduce costs, eliminate waste and improve efficiency.
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October 6th, 2014

Wittur is committed to offer the highest degree of safety and quality in each elevator market segment. In the spirit of continuous improvement, AUGUSTA EVO, a brand new Wittur door for residential applications, is available for sale starting on October 20th, 2014
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September 24th, 2014

Wittur introduced on October 2014 E-pack, a new integrated Elevator controller and motor inverter in one housing. This drive solution can be installed in Wittur MRL W line and MRM W line lift packages with a variety of options.
 
Advantages of e-Pack
  • Fast installation: Pre-arranged cabinet complete with all electrical components. Push buttons, cabling, shaft lighting, alarm telephone systems are included and preconfigured;
  • Fits in every shaft: compact standard cabinet or cabinet integrated in landing door frame + small remote cabinet in the shaft;
  • Easy update: Integrated SD card reader in the hand terminal;
  • Easy setting: Automatic motor tuning, shaft learning features;
  • Remote control: hand-held terminal with TFT color display connected via CAN bus. No PC or other equipment necessary for E-Pack installation;
  • 5 pre-set comfort settings: no complex acceleration and deceleration parameters, quick installation menu;
  • Easy check: Automatic procedure to control shaft and car CAN bus, connected elements and encoder;
  • Updated manuals always available: Manuals are stored in the firmware in several languages and can be accessed using the hand-held terminal;
  • Advanced features: High stopping accuracy, direct landing, energy-saving mode, digital shaft learning, short floor travel without additional hardware, internal input EMI filter, internal DC choke, 230VAC safety circuit voltage;
  • E-Pack: available for rated loads up to 1050 kg.
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