KGX 📈 Kion - Overview

KION Group AG is a global provider of industrial trucks and supply chain solutions, operating through two primary segments: Industrial Trucks & Services and Supply Chain Solutions. The company's product portfolio includes a wide range of forklift trucks, such as counterbalance trucks with electric drive and internal combustion engine, as well as ride-on and hand-operated warehouse trucks. Additionally, KION Group AG offers automated guided vehicle systems, towing vehicles, and other specialized equipment under various brands, including Linde, STILL, Baoli, Fenwick, and OM. These brands cater to diverse customer needs, from small-scale warehouse operations to large-scale industrial facilities.

Beyond its core product offerings, KION Group AG also provides a comprehensive range of services, including the manufacture and sale of spare parts, leasing and rental of industrial trucks, and maintenance and repair services. The company's fleet management services enable customers to optimize their equipment usage and reduce operational costs. Furthermore, KION Group AG offers finance solutions to support customers in acquiring its products and services. By providing these value-added services, the company aims to build long-term relationships with its customers and establish itself as a trusted partner in the industrial trucks and supply chain solutions market.

In the Supply Chain Solutions segment, KION Group AG offers integrated technology and software solutions under the Dematic brand. These solutions include automated guided vehicle systems, palletizers, storage and picking equipment, automated storage and retrieval systems, sorters, and conveyors. The company's technology and software solutions are designed to enhance the efficiency and productivity of customers' supply chain operations, from warehousing and distribution to manufacturing and logistics. By leveraging its expertise in industrial trucks and supply chain solutions, KION Group AG is well-positioned to support customers in various industries, including e-commerce, retail, automotive, and pharmaceuticals.

With its global presence and diverse product and service offerings, KION Group AG has established itself as a leading player in the industrial trucks and supply chain solutions market. The company was founded in 2006 and is headquartered in Frankfurt am Main, Germany. As a publicly traded company, KION Group AG is listed on the XETRA stock exchange under the ticker symbol KGX, with its common stock traded under the ISIN code DE000KGX8881. The company's GICS Sub Industry classification is Construction Machinery & Heavy Transportation Equipment, reflecting its focus on providing heavy-duty equipment and solutions for industrial and supply chain applications.