Schindler Holding AG

F:SHR

Business Description

Sector

Industrials

Industry

Machinery

Headquarters

Switzerland CH

Employees

67 315

IPO date

Mar 27, 2006

Schindler Holding AG makes elevators, escalators, and moving walkways, and it also installs, services, and modernizes them. Its products move people inside apartment buildings, offices, hotels, airports, hospitals, and transit stations. In simple terms, Schindler helps buildings move people safely and efficiently between floors and across large spaces.

The company sells new equipment to developers, builders, and property owners, then earns recurring service income by maintaining and repairing that equipment over time. It also makes money from modernization projects, where older lifts and escalators are upgraded with new controls, parts, and safety systems. This mix gives Schindler both one-time project sales and steadier long-term service relationships.

Schindler sits in a specialized part of the construction and property market: vertical transportation. Once its systems are installed in a building, they are hard to replace and must be serviced regularly, so customers often stay with the same provider for years. That makes Schindler less like a one-off equipment seller and more like a long-term partner for building access and movement.