KION

KION

Supplies forklifts, warehouse equipment, and automation technology

About KION

Simplify's Rating
Why KION is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Industrial & Manufacturing

Enterprise Software

Financial Services

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

N/A

Headquarters

Wiesbaden, Germany

Founded

2006

Overview

KION Group provides forklift trucks, warehouse equipment, and automation technology to improve supply chain efficiency. Their products include industrial trucks and software solutions that help businesses manage material handling and optimize operations. KION stands out with its range of well-known brands, allowing it to cater to various customer needs in manufacturing, retail, and logistics. The company's goal is to deliver reliable solutions while promoting sustainability and digital transformation.

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Simplify's Take

What believers are saying

  • KION's partnership with Li-Cycle supports sustainability through lithium-ion battery recycling.
  • The rise of e-commerce boosts demand for KION's warehouse automation solutions.
  • KION's AI platform with Google enhances real-time data analytics in supply chains.

What critics are saying

  • Leadership changes may lead to strategic shifts or instability at KION.
  • Departure of key personnel could result in a loss of expertise and continuity.
  • Partnership with Eurofork may pose integration challenges affecting operational efficiency.

What makes KION unique

  • KION offers integrated automation systems and software for supply chain optimization.
  • The company operates under multiple brands, catering to diverse customer needs.
  • KION is committed to sustainability and digital transformation in intralogistics.

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Benefits

Career Development

Competitive Compensation and Benefits

Pay Transparency

Global Opportunities

Remote Work Options

Company News

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.

Siam News Network
Jan 9th, 2024
Michael Larsson Announced as New President of Dematic and Member of Executive Board of KION Group AG

Michael Larsson announced as new President of Dematic and Member of Executive Board of KION Group AG.

EIN News
Oct 27th, 2023
Henry Puhl to Become New CEO of TGW Logistics Group

Dr Henry Puhl is moving from KION Group and will become the new CEO of TGW in February 2024.

MarketScreener
Jul 6th, 2023
KION announces Christian Harm as new Chief Financial Officer (CFO) – Marcus Wassenberg leaves the company

Frankfurt/Main, July 6, 2023 – The Supervisory Board of KION GROUP AG has appointed Christian Harm (55) as a member of the Executive Board with immediate effect.

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