KION Group acquires stake in ifesca for energy management software

KION Group acquired a stake of just under 20% in ifesca GmbH, a specialist in AI-based energy management software, for approximately €5 million. The investment aims to offer customers energy optimization for industrial truck fleets.

“KION Group, a provider of warehouse automation, intralogistics solutions, and lift trucks, is acquiring a stake of just under 20 percent in ifesca GmbH.”mmh.com

• 2 sources
• mmh.comKION Group invests in AI-based energy management platform for greater sustainability - Modern Materials HandlingMMH StaffOct 4, 2021
• insidelogistics.caKion buys into energy management software maker - Inside LogisticsAdam MalikOct 5, 2021

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