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KION Group signed an agreement to acquire a minority stake in Chinese manufacturer EP Equipment, forming an exclusive global strategic partnership for entry-level warehouse equipment. The deal is expected to close in 2018.
“The KION Group is entering into an exclusive global strategic partnership with leading Chinese manufacturer EP Equipment in the fast-growing market for entry-level, light-duty warehouse equipment.”kiongroup.com
Summarized from public sources; check the original articles before acting on it.