I agree Kone took over Linde to get into china yet linde still supply China from Xaimen, also if your own truck was very good why buy a competitor who are losing money this deal did not make sense from the start because Kone have not used any of the Linde tech. The only thing Kone have done really in the past 12 month is up grade the cab with fly by wire hydraulics and a bit better canbus system. Sany will over take them in Europe with in two years the have a good set up in Germany and a good person running it.
Kone have not made the in roads to the market they would of liked they are around five in the forklift market behind Hyster kalmar, taylor and terex. and the same again in the container handling market behind Kalmar , terex, Sany ( because of the Chines market) and Hyster. Now they have took a step backwards in the UK how long will they still be here i have a good bet it won't be two years
Again this leaves the big question of who will be around in a couple of years time both in the big truck market and the small truck market. Competition is hotting up and the larger companies are becoming larger and the smaller companies might even disappear. KION are investing in their other brands in Eastern Europe to be able to come into the European market from these plants. Will we see other companies do the same and the market become more condense in the future
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