Kion Group

Kion Group

Supplies forklifts, warehouse equipment, and automation technology

About Kion Group

Simplify's Rating
Why Kion Group is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Differentiation

Industries

Industrial & Manufacturing

Enterprise Software

Financial Services

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Wiesbaden, Germany

Founded

2006

Overview

KION Group provides forklift trucks, warehouse equipment, and automation technology to improve material handling and supply chain efficiency. Their products include industrial trucks and integrated systems that automate storage and retrieval processes, along with software for warehouse management. KION stands out from competitors by offering a diverse range of well-known brands, each focusing on specific material handling needs, and by providing financing solutions for equipment purchases. The company's goal is to enhance sustainability and innovation in logistics through projects that promote digital transformation and secure communication solutions.

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Simplify's Take

What believers are saying

  • AI-driven predictive maintenance reduces downtime and extends equipment lifespan.
  • 5G technology enhances real-time data processing in warehouse operations.
  • Collaborations with tech giants enable advanced AI platforms for real-time tracking.

What critics are saying

  • Partnership with Eurofork may increase competition in pallet shuttle systems.
  • Departure of Dr. Henry Puhl could impact strategic direction and efficiency.
  • New CFO may lead to changes in financial strategy affecting stability.

What makes Kion Group unique

  • KION Group integrates AI and automation in supply chain solutions.
  • The company offers diverse brands catering to various material handling needs.
  • KION's commitment to sustainability sets it apart in the logistics sector.

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Benefits

Wellness Program

Professional Development Budget

Gym Membership

Stock Price

Company News

Industry Europe
Mar 27th, 2025
Dematic Demonstrates AI-generated Control Tower at GTC 2025 Conference

KION Group subsidiary Dematic recently showcased a key component of its AI-enabled Control Tower at the recent GTC 2025 AI conference in San José, California.

BambuUp
Mar 18th, 2025
Dematic Showcases AI-Generated Digital Twin at 2025 GTC Conference

ATLANTA, March 18, 2025 /PRNewswire/ - Dematic, a global leader in supply chain automation and member of the KION Group, is showcasing a prototype of its AI Control Tower digital twin simulation at the GTC Artificial Intelligence (AI) Conference in San José, California (March 17-21).

WebDisclosure
Mar 11th, 2025
KION presents physical AI solution at LogiMAT in Stuttgart

Frankfurt am Main/Stuttgart, March 11, 2025 - The KION Group, as part of a large-scale collaboration with NVIDIA and Accenture to reinvent industrial automation, introduces its first physical AI-powered Omniverse solution at LogiMAT 2025 in Stuttgart, Germany, from March 11-13.

Logistics Business
Oct 8th, 2024
Kion and Eurofork Sign Strategic Partnership

The KION Group has entered into a strategic partnership with Eurofork S.p.A., a leading manufacturer of pallet shuttle systems.

Sharewise
May 29th, 2024
EQS-News: The KION Group increases its dividend and consequently implements its strategy

Together with renowned partners such as Google, the KION Group is working on the AI platform of the future, which will enable, for example, the real-time localization of all goods and vehicles in the warehouse.

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