KION Group

[8][9] Linde AG sold Kion Group to a partnership of KKR and Goldman Sachs Capital Partners for approximately €4 billion.

[15] In February 2013, Kion Group sold product rights for Linde brand's reach stacker, empty, and laden container handlers to Finnish crane manufacturer Konecranes for an undisclosed sum.

Since then, the company has been selling forklift trucks with electric drives, combustion engines and warehouse technology products under the Voltas and Baoli brands in India.

KION has acquired a minority stake in the Chinese truck manufacturer, which in the previous year, 2017, achieved record shipments of 50,000 units.

[30] In the 2024 financial year, KION Group AG operated around 2,000 sales and service locations in over 100 countries, with an average workforce of 42,325 employees.

[31] The company operates manufacturing plants and research and development centers in Europe, North and South America, Asia, and Australia.

[36] Linde and Still serve the market for industrial trucks in a higher price category, while Baoli focuses on the economy segment.

[40] In December 2023, Kion and Aschaffenburg Technical University presented the results of a research project in which scenarios for the use of autonomous counterbalance trucks equipped with electro-hydraulic steering were developed.

This initiative involves using NVIDIA Omniverse to create digital twins of warehouses, allowing advanced simulations and real-time optimizations.

In the same year, Kion began production of a 24-volt fuel cell system for warehouse trucks and the construction of a state-funded hydrogen refuelling station with an electrolyser.