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KION PLANS TO REORGANISE CONTAINER HANDLING, FORKLIFT UNITS(ENG)

     (The following press release from Kion Group was received by e-mail. It 
was not confirmed by the sender.) 
KION Group announces plans to reorganise its container handling and heavy 
forklift trucks businesses  
Consultations regarding potential closure of Merthyr Tydfil site announced
Linde Material Handling will continue to offer container handling and heavy 
forklift trucks worldwide 
Wiesbaden, 31 January 2013 - The KION Group, one of the two leading global 
manufacturers of industrial trucks, today announced that it had entered into 
consultations regarding a potential reorganisation of its business activities 
in Merthyr Tydfil (Wales, UK), including a potential closure of the site. The 
reorganisation forms part of its continuing efforts to further improve the 
efficiency of its European production network. 
"Our goal is to significantly improve our container handling and heavy truck 
business. In addition we intend to further increase the long-term 
competitiveness of our offerings to customers through a revised strategy for 
the container handling business and the heavy forklift truck segment of our 
Linde brand," said Theodor Maurer, member of the Executive Board of KION Group 
and CEO of Linde Material Handling.  
Linde Material Handling, which is wholly owned by KION Group, and its dealer 
network will continue to sell a wide range of container handling products and 
heavy forklift trucks to customers globally. The company will maintain the 
highest standards in quality, delivery, performance and value - all standards 
that its customers are accustomed to. 
The Merthyr Tydfil site employs 203 people in manufacturing, engineering, 
sales, service and administration. Consultation with the affected employees, 
worker representatives, and unions will begin soon and will last for at least 
90 days. If this consultation results in a decision to close the plant, KION 
will provide as much assistance as possible to employees seeking alternative 
work or training. The Group will offer the opportunity to apply for vacant 
positions at other sites to the employees affected and also work with employees 
and their representatives to agree on appropriate loyalty and severance 
packages. 
KION Group remains fully committed to supplying the UK market and continues to 
employ more than 1,700 employees in sales, service and support functions at 
over 20  locations of its Linde Material Handling and STILL brands in the UK. 
The Group's annual purchasing volume from UK based suppliers is approximately 
Euro 75 million (2012). 
The company 
The KION Group - comprising the six brands Linde, STILL, Fenwick, OM STILL, 
Baoli and Voltas - is Europe's market leader in industrial trucks, the global 
number two in the industry and the leading non-domestic supplier in China. The 
Linde and STILL brands serve the premium segment worldwide. Fenwick is the 
largest supplier of material handling products in France, while OM STILL is a 
market leader in Italy. The Baoli brand focuses on the economy segment, and 
Voltas is one of the two market leaders in India. The KION Group employed 
roughly 22,000 people and generated revenue of around €4.4 billion in 2011. 
Disclaimer  
This press release contains forward-looking statements involving known and 
unknown risks, uncertainties and other factors, many of which are outside the 
control of the KION Group ('KION'), are difficult to predict and may cause 
future developments to differ significantly from assumed developments as 
expressed or implied in the forward-looking statements in this press release.  
Any liability (including in respect of direct, indirect or consequential loss 
or damage) of any member of KION with regard to the information contained in 
this press release is expressly disclaimed. This press release does not purport 
to contain all of the information that may be required to evaluate any proposed 
transaction, and any recipient hereof should seek its own legal, accounting and 
other relevant professional advice. 
No member of KION undertakes any obligation or expects to update or revise this 
press release, including forward-looking statements or any other information 
contained herein, whether as a result of new information, future events or 
otherwise. 
For further information please contact  
Michael Hauger
Head of Corporate Communications
KION Group GmbH
Tel: +49 (0) 611 770 655
michael.hauger@kiongroup.com 
Sara Evans 
RLM Finsbury
Tel.: +44 (0) 207 251 3801
Mobile: +44 (78) 24 44 62 45
kion@rlmfinsbury.com 
Download Press Release [PDF 0.1 MB] 
-------------------------------------------------------------------------------- 
This announcement is distributed by Thomson Reuters on behalf of Thomson 
Reuters clients. Source: KION GROUP GmbH, Abraham-Lincoln-Strasse 21, Wiesbaden 
65189, Deutschland
 
 
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