Leasing has hit the nail on the head , the Japanese political system woke up to a Chinese company buying unicarrier and this would have probably
more to do with this. But it does now leave KION with a big problem their only option now is to buy NACCO but this might encourage other biders for NACCO mainly from Korea , KION know if they now lose the NACCO bid as well it will be all over for becoming No1 again. and their 2020 strategy will be in ruins. Its great news for NACCO as their value has shot up knowing KION must buy them and the others knowing this is the chance to over take KION.
KION will loose the linde name soon so this might be the beginning of the end for them
If Mitsubishi now move to work more closer with Junghienric they will soon over take KION and move KION down to Number three if KION don't do some thing like buy NACCO fast. A move to bring in a company such as Heli to KION will only show the market that in fact KION are now prominently Chinese.
If KION have lost this deal which i sure they thought they had done there will be many people asking them selfs inside KION how is the best way out with out damage to their repetition. No one will want to be seen as the person who led a Great Germany company into Chinese hands and then down.
Toyota will be happy as they have a clear advantage over KION now and KION spending around 120 million a year on R&D won't be money well spent if their new 10 ton - 16 ton trucks are to go buy with the H25T the Chinese designed small truck. Why would any customer want to buy a Linde new big truck made in China when they can get a better product for a lower cost.
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