Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit Completed
Kion Group AG is a German multinational manufacturer of materials handling equipment, with its headquarters in Frankfurt, Hesse, Germany. Its principal products are intralogistics, warehouse automation equipment, and industrial trucks.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit CompletedQuarterly Statement Q3 2022: KION Group intends to withdraw from all business in Russia. 27.04.2024: UNITED RESOURCES PTO LLC becomes the new founder of the organization. The entry about the founders LINDE MATERIAL HANDLING GMBH and STILL GMBH has been removed from the Unified State Register of Legal Entities.
| February 08, 2023 | KION Group’s earnings for the first nine months of 2022 affected by significantly higher costs in the project business in the third quarter |