Inovance acquires BST
BST has merged with Monarch, Inovance’s elevator business unit, to form an elevator business platform in China that is a leading hub of manufacturing and innovative R&D.
The acquisition brings together the elevator control technology expertise of Inovance’s existing elevator business unit, Monarch, and BST’s range of customer-facing electronic control components, which includes buttons and COPs/LOPs, and inspection boxes. Additional BST products include mechanical door headers and cabling solutions.
Both BST and Monarch are clients of Liftinstituut for product certification, based on European regulations. The picture shows Monarch/Inovance’s booth at Interlift 2019 with their latest NICE 3000new Control Panel, which was recently certified by Liftinstituut.