KION group

KION Group AG (FWB: KGX) is one of the world's leading providers of industrial trucks, supply chain solutions, and related services. Headquartered in Frankfurt, Germany, KION was formed in 2006 after acquiring the materials handling division of Linde AG. The company operates globally, offering a full spectrum of forklifts, warehouse equipment, and automated logistics solutions.

KION's product portfolio includes electric, diesel and gas-powered forklifts, automated guided vehicles (AGVs), conveyor systems, and warehouse automation technologies. The company's key brands are Linde Material Handling, STILL, Dematic, and Baoli. Linde and STILL focus on premium industrial trucks and warehouse equipment, while Dematic specializes in automated material handling solutions. Baoli serves the value segment with competitively-priced forklifts. KION's offerings range from manual pallet trucks to fully automated warehouses, catering to diverse customer needs across industries like manufacturing, retail, and ecommerce.

As of December 2023, KION employed over 42,000 people worldwide and generated revenues of approximately EUR 11.4 billion in 2023. The company has a strong global presence with production facilities and sales offices in over 100 countries. KION is investing heavily in research and development, particularly in areas like electrification, automation, and digitalization. In February 2023, KION announced an investment of EUR 60 million to build a new highly automated spare parts distribution center in Germany, showcasing its commitment to enhancing operational efficiency and customer service.