Linde sells forklift unit to private equity firms
From the Associated Press
Linde, a German maker of industrial gases and machinery, sold its forklift division to private equity firms Kohlberg Kravis Roberts & Co. and Goldman Sachs Capital Partners for 3.6 billion euros ($4.59 billion), the company said.
Kion Group is the umbrella company for three forklift truck and industrial equipment brands, Linde, Still and Om. It currently has more than 20,000 employees.
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