# EU clears KION and Jungheinrich acquisition of parts of Hoesch Schwerter Profile

The European Commission approved the acquisition of parts of Hoesch Schwerter Profile GmbH (HSP) by KION Group AG and Jungheinrich AG. HSP manufactures special steel profiles used in forklift trucks and warehouse equipment.

- Type: Acquisition
- Announced: 2021-04-12
- Where: Germany, Germany
- Status: completed
- Products: special steel profiles
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Jungheinrich](https://endata.com/companies/15086.md) (acquirer)
- [KION Group](https://endata.com/companies/16287.md) (acquirer)
- [Hoesch Schwerter Profile](https://endata.com/companies/54410.md) (target)
- [Calvi Holdings S.p.A](https://endata.com/companies/54411.md) (partner)

## Sources

- [trevisobellunosystem.com](https://www.trevisobellunosystem.com/news/mergers-commission-clears-acquisition-of-parts-of-hoesch-schwerter-profile-by-kion-and-jungheinrich/), 2021-04-13: "The European Commission has approved, under the EU Merger Regulation, the acquisition of parts of Hoesch Schwerter Profile GmbH (‘HSP’), by KION GROUP AG (‘KION’) and Jungheinrich AG."
- [trevisobellunosystem.com](https://www.trevisobellunosystem.com/en/news/mergers-commission-clears-acquisition-of-parts-of-hoesch-schwerter-profile-by-kion-and-jungheinrich-2/), 2021-04-13: "The European Commission has approved, under the EU Merger Regulation, the acquisition of parts of Hoesch Schwerter Profile GmbH by KION GROUP AG and Jungheinrich AG."
- [eulawlive.com](https://eulawlive.com/approval-decision-published-acquisition-of-parts-of-hsp-by-kion-and-jungheinrich/), 2021-04-20: "Official publication has been made of the European Commission’s decision of 12 April 2021 approving, under Article 6(1)(b) of the EU Merger Regulation, the acquisition of Hoesch Schwerter Profile GmbH, of Germany..."

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