USX:KNNGF - KION GROUP AG KION GROUP AG
Sector: Industrials, Industry: Construction Machinery & Heavy Trucks
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26 Mar 2024


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General

CEO: Dr. Richard Robinson Smith

Headquarters: US

Employees: 42,325

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Description

Kion Group is the number-two forklift truck manufacturer globally, after Toyota, and the number-one global warehouse automation equipment supplier. The Germany-headquartered company gets 70% of its revenue from the sale of new forklifts and maintenance services. Another roughly 30%, and growing portion, comes from warehouse automation equipment under the Dematic division, which caters to sectors such as e-commerce, third-party logistics, and supermarkets. Kion's forklift trucks and warehouse equipment service the same end markets.

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