KION Group AG - Company Profile
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KION Group AG (KION), a subsidiary of Weichai Power (Luxembourg) Holding Sarl, is a manufacturer of industrial trucks and supply chain solutions. Its product portfolio includes forklifts, electric drive systems, warehouse equipment and other industrial trucks. The company also offers logistics solutions from warehouse technology to automation supply chain solutions. KION offers its products and services under various brands including Linde, STILL, Fenwick, Baoli, OM, and Dematic. Its products find applications in several industries such as paper and print, construction, wholesale, chemicals, metals, automotive, grocery, e-commerce, apparel, food and beverage, parcel, and logistics. The company operates in Asia-Pacific, the Americas and Europe, the Middle East and Africa. KION is headquartered in Frankfurt am Main, Hessen, Germany.
Headquarters
Germany
Address
Thea-Rasche-Strasse 8, Frankfurt Am Main, Baden-Wurttemberg, 60549
Website
www.kiongroup.com
Telephone
49 69 201100
No of Employees
42,325
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
KGX (ETR)
Revenue (2022)
$12.4B
2.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
212%
(2022 vs 2021)
Market Cap*
$6.2B
Net Profit Margin (2022)
XYZ
203.4%
(2022 vs 2021)
* As of and is in US$
KION Group AG premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Forklift Trucks | Service Contracts | STILL |
| Electric Forklift Trucks | Fleet Management Solutions | Dematic |
| Hand-Operated Industrial Trucks | Material Handling Solutions | Fenwick |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In February, Kion North America launched a new electric forklift range, Linde Series 1293 in the North American market. |
| 2023 | New Products/Services | In November, the company launched its own fuel cell systems for its industrial trucks. |
| 2023 | Plans/Strategy | In April, the company announced its plans to launch its own 24V fuel cell system for warehouse equipment. |
Competitor Comparison
| Key Parameters | KION Group AG | Mitsubishi Heavy Industries Ltd | Jungheinrich AG | Daifuku Co Ltd | Hyster-Yale Materials Handling Inc |
|---|---|---|---|---|---|
| Headquarters | Germany | Japan | Germany | Japan | United States of America |
| City | Frankfurt Am Main | Chiyoda-Ku | Hamburg | Osaka-Shi | Cleveland |
| State/Province | Baden-Wurttemberg | Tokyo | Baden-Wurttemberg | Osaka | Ohio |
| No. of Employees | 42,325 | 76,859 | 21,117 | 13,020 | 8,600 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Rob Smith | Chief Executive Officer | Senior Management | 2022 | 58 |
| Christian Harm | Chief Financial Officer | Senior Management | 2023 | 55 |
| Henry Puhl | Chief Technology Officer | Senior Management | 2021 | 53 |
| Hans Peter Ring | Chairman | Non Executive Board | 2023 | 72 |
| Hasan Dandashly | President - KION Supply Chain Solutions | Senior Management | 2021 | 63 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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