Linde Material Handling News

Konecranes to buy certain assets of the container handling truck business of KION Group-owned Linde Material Handling. The KION Group, a manufacturers of industrial trucks, and Konecranes, a  group of Lifting Businesses™ have announced that Konecranes has agreed to buy certain assets of the container handling truck business of Linde Material Handling, which is wholly owned by KION Group. The two groups have also signed a long-term supply agreement and will collaborate to further increase the global competitiveness of their respective container handling truck activities. The value of the assets purchased is not disclosed. The transaction is expected to close during the 2nd quarter of 2013.