Hi Johnr


Now that the KION deal has been finalized this week this has now been confirmed and the Chinese now own 70% of Linde Hydraulics that has been moved into a new company. How will the German work force feel about working for a Chinese owned company. There must be people in side KION ie Linde and Still who are thinking about there future. Chinese companies are know for moving there own people into top management positions. which is fair if you bought a company you would want it run your way. Goldman and KKR want out of KIOn and are looking for a way out. A IPO won't really work because they would only be able to raise a couple of hundred million this way if they IPO it will fall faster than Facebook so the market know this so won't want to participait in any IPO.

So that will leave only two options a trade sale or a sale to a venture capital company. The Second won't really work Goldman and KKR have shown this so that leaves a trade sale. There are only are one or two companies capable of buying them one is the new japanese company and the other Chinese. As the Chinese own 70% of Linde Hydraulics why would any body want to buy the rest only the Chinese can afford and would want this company.


This again will all come back to Closing European manufacturing plants that don't make money and the ultimate loss of sales in Linde brand. If you look back to the 1970's Clark was a world leading brand now they are struggling to sell
will over the next 10 - 20 years will we see the same with Linde



before people start to say i'm knocking Linde i'm not i'm just pointing out my opinion on how i think KION will look in 10 - 20 Years Time