Organisational structure
The KION Group is one of the world’s leading suppliers of material handling solutions. With a portfolio of products, technologies and services that is unparalleled in the global market, ranging from industrial trucks and warehouse trucks to fleet and warehouse management systems and fully automated supply chain solutions, the KION Group is a full-service provider catering to customers of all sizes in all kinds of industries. The acquisition of Dematic in 2016 also makes the KION Group the intralogistics partner of choice for Industry 4.0.
With around 30,000 highly qualified employees and four international brands, Linde, STILL, Dematic and Baoli, the KION Group is represented in more than 100 countries and in all of the major market and price segments. More than 1.2 million industrial trucks and over 6,000 installed systems are deployed by customers in all industries and of all sizes on six continents.
The KION Group comprises the parent company KION GROUP AG, which is a public limited company under German law, and its subsidiaries. The KION Group’s strategic management holding company, KION GROUP AG, is listed on the Frankfurt Stock Exchange and is part of the MDAX, the STOXX Europe 600 and the FTSE Euro Mid Cap. Details of treasury shares (pursuant to section 160 (1) no. 2 of the German Stock Corporation Act (AktG)) are provided in note [28] ‘Equity’ in the notes to the financial statements of KION GROUP AG.
The strategic anchor shareholder of KION GROUP AG is Weichai Power (Luxembourg) Holding S.à r.l., Luxembourg, a subsidiary of Weichai Power Co. Ltd., which held 43.3 per cent of the shares at the end of 2016 as far as the Company is aware. The free float accounted for 56.6 per cent of the shares, while the remaining 0.1 per cent were treasury shares.