January 18, 2018 / 3:07 AM / 9 months ago

BRIEF-Kion Group, EP Equipment enter into strategic partnership

Jan 17 (Reuters) - Kion Group Ag:

* DGAP-NEWS: KION GROUP AND EP EQUIPMENT AGREE STRATEGIC PARTNERSHIP

* ‍KION TO ACQUIRE A MINORITY STAKE IN CHINESE MANUFACTURER TO EXTEND ITS OFFERING IN FAST-GROWING MARKET FOR ENTRY-LEVEL WAREHOUSE EQUIPMENT​

* ‍STRATEGIC PARTNERSHIP WILL FOCUS ON JOINT PRODUCT DEVELOPMENT AND SUPPLY CHAIN SYNERGIES​

* ‍TRANSACTION EXPECTED TO BE COMPLETED IN COURSE OF 2018​ Source text for Eikon: Further company coverage:

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