# KION Group completes acquisition of Dematic

KION Group announced the completion of its acquisition of Dematic, a provider of integrated automation technologies for supply chain optimization. The deal makes KION a leading global provider of intelligent intralogistics solutions.

- Type: Acquisition
- Announced: 2022-01-23
- Status: completed
- Products: forklift trucks, warehouse equipment, automated guided vehicles, storage and retrieval systems, 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)

## Sources

- [lindemh.com.au](https://lindemh.com.au/about-us/knowledge-and-information-hub/news/defining-a-new-era-through-the-power-of-kion-group), 2022-01-23: "KION was already one of the two largest global suppliers of forklift trucks, warehouse equipment and related services."

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