Linde AG is rebranding its materials handling division in preparation for its sale. The new independent holding company known as Kion group, will consist of Linde AG’s three brands; Linde, Still and OM.
Professor Wolfgang Reitzle, president and chief executive officer of Linde AG, said that as an independent company, the materials handling business could receive greater focus. “By focussing on a clearly-defined business area, it will be possible to bundle strengths even more efficiently and to better extract the potential of the individual brands.”
The word “Kion” is taken from the East African Massai language. ‘Kion(gozi)’ means “Take the leadership”. Linde said: “This expresses a core principle of the Kion Group.”
Linde AG recently took over the BOC group creating a major industrial gases and engineering company. The new group will trade under the Linde name.