KION Group AG - Company Profile
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Business Description
KION Group AG (KION), a subsidiary of Weichai Power (Luxembourg) Holding Sarl, is a manufacturer and distributor of forklifts and industrial trucks. It also provides warehouse automation technology and associated services. The company offers its products and services under various brands including Linde, STILL, Baoli, Fenwick, Dematic and OM.
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R&D Overview
KION's R&D activities strives to remain focused on energy, digitalization, and automation. The company’s R&D team focuses to provide the best possible innovative solutions and become one of the world’s leading suppliers of automated supply chain solutions and mobile automation solutions. As of December 31, 2022, it owned 2,843 patent applications and issued patents. In FY2022, the company spent EUR321.3 million on R&D, which accounted for 2.9% of the company’s revenue and grew 17.7% YoY.
Business Segments
Overview
Offer logistics and information technology solutions for all the segments.
Performance
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Overview
Manufactures and supplies forklift and industrial trucks with electric and IC engine. Key brands include Linde, Fenwick, Baoli, OM and STILL. Offers warehouse automation technology, fleet management solutions and financial services. Also, carries out aftersales business, providing spare parts, and repairs and maintenance works; rental business and sale of used industrial trucks business.
Performance
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Overview
Offers software solutions and integrated technology solution under Dematic brand. Service portfolio includes manual and automated solutions including goods inward and multi shuttle warehouse systems and picking and value-added packing. Also, offers intelligent software, sorters, conveyors, automated guided vehicles, storage and retrieval systems, picking equipment, and palletizers.
Performance
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Geographical Segments
- APAC excluding China
- Central and South America
- China
- Eastern Europe
- Middle East and Africa
- North America
- Western Europe
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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