# KION Group completes acquisition of Dematic

KION Group has completed its acquisition of Dematic, a provider of integrated automation technologies and supply chain optimization. Dematic is now part of the Linde Material Handling family, creating a leading provider of intralogistics solutions.

- Type: Acquisition
- Announced: 2017-01-31
- Where: Germany
- Status: completed
- Products: forklift trucks, warehouse equipment, automated guided vehicles, palletisers, storage and picking equipment, sorters, conveyors, supply chain software
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Dematic](https://endata.com/companies/5554.md) (target)
- [KION Group](https://endata.com/companies/16287.md) (acquirer)
- [Linde Material Handling](https://endata.com/companies/17578.md) (partner)

## Sources

- [lectura.press](https://lectura.press/en/article/defining-a-new-era-through-the-power-of-kion-group/35468), 2017-01-31: "KION has recently announced the completion of an acquisition which will change the future of our industry and very probably yours."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.