the Shandong deal has been done they will buy 25% of KION for 738 Million here comes the start. They will have 25% of kion forklift business and 70% of the Hydraulic business
Well Herald the rubbish i put seems to be right Linde will be gone in less than 10 years. There will be so many hydrostatic chines trucks hitting the market now Linde won't be able to compete at the price they will come in at.
What i find funny is yesterday KION has declined to comment on what it says are "rumours and speculation" and today Shandong purchases 25% of KION Group and 70% of KION Hydraulics so to the people who said it was rubbish and i need to do a little bit more research i dont think i do and what ever i put on here is not rubbish.
all good for customers because prices will drop.
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