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Otis Takes Majority Stake in WeMaintain, Supporting Growth and Innovation in Service Technology

HONG KONG SAR - Media OutReach Newswire - 14 April 2026 - Otis Worldwide Corporation (NYSE: OTIS), the world's leading company for elevator and escalator manufacturing, installation, service and modernization, and WeMaintain today announced that they have closed an agreement under which Otis will acquire a majority stake in WeMaintain, a fast-growing, technology-enabled service company for the elevator and escalator industry.

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