KION Group AG - Company Profile
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KION Group AG (KION), a subsidiary of Weichai Power (Luxembourg) Holding Sarl, is a company that specializes in providing material handling solutions. The company's main activities include the production and distribution of forklift trucks, warehouse equipment, and integrated automation technologies. Its major products and services encompass supply chain optimization software and related services. Notable brands associated with KION include Linde Material Handling, STILL, Dematic, Baoli, Fenwick, and OM. KION's products and services cater to a diverse range of industries, focusing on enhancing supply chain efficiency. The company operates a sales, service, and production facility in Summerville, South Carolina, serving the North American market, including the US, Canada, and Mexico. KION is headquartered in Frankfurt, Hesse, Germany.
Headquarters
Germany
Address
Thea-Rasche-Strasse 8, Frankfurt Am Main, Baden-Wurttemberg, 60549
Website
www.kiongroup.com
Telephone
49 69 201100
No of Employees
41,974
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
KGX (ETR)
Revenue (2024)
$12.7B
-1.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-36.2%
(2024 vs 2023)
Market Cap*
$6.7B
Net Profit Margin (2024)
XYZ
-34.8%
(2024 vs 2023)
* As of and is in US$
KION Group AG premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Forklift Trucks | Service Contracts | STILL |
| Electric Forklift Trucks | Fleet Management Solutions | Dematic |
| Hand-Operated Industrial Trucks | Material Handling Solutions | Fenwick |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In October, the company in partnership with NVIDIA and Accenture, showcased its advanced AI-driven physical solutions at CeMAT Shanghai. |
| 2025 | Corporate Changes/Expansions | In May, the company opened Regional Distribution Center Central Europe, an automated spare parts distribution center in Kahl am Main. |
| 2025 | New Products/Services | In March, the company collaborated with NVIDIA and Accenture to reinvent industrial automation and introduced physical AI-powered Omniverse solution at LogiMAT 2025 in Germany. |
Competitor Comparison
| Key Parameters | KION Group AG | Mitsubishi Heavy Industries Ltd | Jungheinrich AG | Daifuku Co Ltd | Hyster-Yale, Inc |
|---|---|---|---|---|---|
| Headquarters | Germany | Japan | Germany | Japan | United States of America |
| City | Frankfurt Am Main | Chiyoda-Ku | Hamburg | Osaka-Shi | Cleveland |
| State/Province | Baden-Wurttemberg | Tokyo | Baden-Wurttemberg | Osaka | Ohio |
| No. of Employees | 41,974 | 77,274 | 21,438 | 11,417 | 7,500 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Richard Robinson Smith | Chief Executive Officer | Senior Management | 2022 | 61 |
| Christian Harm | Chief Financial Officer | Senior Management | 2023 | 58 |
| Valeria Gargiulo | Chief People Officer; Chief Sustainability Officer | Senior Management | 2023 | 54 |
| Ching Pong Quek | President - KION ITS Asia Pacific; Chief Technology Officer - KION ITS Asia Pacific | Senior Management | 2024 | 59 |
| Mohsen Sohi | Chairman | Non Executive Board | 2025 | 66 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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