Organisational structure
The KION Group is one of the world’s leading suppliers of integrated supply chain solutions. Its portfolio encompasses industrial trucks such as forklift trucks and warehouse trucks, as well as automation and software solutions and related services for the optimisation of supply chains. Across more than 100 countries worldwide, the KION Group designs, builds and supports logistics solutions that optimise material and information flow within factories, warehouses and distribution centres.
In terms of unit sales, the KION Group is the largest manufacturer of industrial trucks in Europe and second-largest worldwide. The Linde and STILL brands serve the premium industrial truck segment. Baoli focuses on industrial trucks at the lower end of the volume segment and in the economy segment. Among KION’s regional industrial truck brand companies, Fenwick is the top material-handling provider in France and OM Voltas is a leading provider of industrial trucks in India. Dematic is a leading global supplier of integrated automation technology, software and services for the optimisation of supply chains. Around 1.5 million of the Group’s industrial trucks and over 6,000 of its installed intralogistics 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, the MSCI World and MSCI Germany Small Cap indices, 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 [27] ‘Equity’ in the notes to the consolidated financial statements.
The parent company of KION Group AG is Weichai Power (Luxembourg) Holding S.à r.l., Luxembourg (‘Weichai Power’), a subsidiary of Weichai Power Co. Ltd., Weifang, People’s Republic of China, which, to the knowledge of the Company, held 45.0 per cent of the shares at the end of 2019. The free float accounted for 54.9 per cent of the shares, while the remaining 0.1 per cent were treasury shares.