KION Group
Encyclopedia
KION Group is the name of a manufacturer of materials handling equipment (fork lift trucks etc.) formerly part of Linde AG. On September 6, 2006 Linde announced a new structure following completion of the acquisition of The BOC Group
The BOC Group
The BOC Group plc was the official name of the multinational industrial gas and British based company more commonly known as BOC, and now a part of The Linde Group. In September 2004, BOC had over 30,000 employees on six continents, with sales of over £4.6 billion. BOC was a constituent of the...

, with the gas and engineering businesses of the combined entity operating as The Linde Group
The Linde Group
The Linde Group, registered as Linde AG is an international industrial gases and engineering company founded in Germany in 1879. Linde shares are traded on all the German stock exchanges and also in Zürich, and the Linde share price is included in the DAX 30 index...

 and the materials handling businesses (Linde Material Handling, STILL
Still
A still is a permanent apparatus used to distill miscible or immiscible liquid mixtures by heating to selectively boil and then cooling to condense the vapor...

, and OM Carrelli Elevatori S.p.A.) operating as the KION Group.

KION Group was sold by Linde AG to a partnership of Kohlberg Kravis Roberts & Co.
Kohlberg Kravis Roberts & Co.
KKR & Co. L.P. is an American-based global private equity firm, specializing in leveraged buyouts, based in New York. The firm sponsors and manages private equity investment funds. Since its inception, the firm has completed over $400 billion of private equity transactions and was a pioneer in...

 and Goldman Sachs Capital Partners
Goldman Sachs Capital Partners
Goldman Sachs Capital Partners is the private equity arm of Goldman Sachs, focused on leveraged buyout and growth capital investments globally....

 for approximately EUR 4 bn.

KION Group's headquarters is in Wiesbaden
Wiesbaden
Wiesbaden is a city in southwest Germany and the capital of the federal state of Hesse. It has about 275,400 inhabitants, plus approximately 10,000 United States citizens...

, Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

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