L.T. Elevator has executed a share purchase agreement (SPA) for the acquisition of DYPC Inc. (Dongyang PC Inc.), Seoul, South Korea - a globally recognised manufacturer of automated mechanical car parking systems with over two decades of operational history and deployments across the USA, UK, Mexico, Thailand, Iran, Uruguay, Egypt, Canada and other markets.
This acquisition marks a significant step in the company’s strategic transition from a domestic elevator and car parking contractor into a global automated parking technology company.
L. T. Elevator is engaged in providing quality Elevator system solutions with focus on service, engineering and technical solutions.