Jardine Schindler (Thai) Ltd. was established in 1980 as a subsidiary of Jardine Schindler Group, which is a joint venture between Jardine Matheson of Hong Kong and The Schindler Group of Switzerland. Jardine Matheson was founded as a trading company in China 1832, and is today a diversified business group focused principally on Asia. The Group's interests include among other business. The Mandarin Oriental hotel, Jardine Engineering, Trane Thailand, Jardine Lloyd Thompson, Hong Kong Land, Dairy farm and Astra International. The Schindler Group is the largest supplier of escalators and the second largest manufacturer of elevators worldwide. It has around 66,600 employees and its operation span all five continents. Schindler designs, installs, services and modernizes transport systems for almost every buildings type worldwide. Globally, Schindler equipment moves more than 1 billion people everyday.