Forklift Maker Kion Group To Buy Dematic In $2.1B Deal

By Matthew Perlman ( June 21, 2016, 3:13 PM EDT) -- German forklift and warehouse equipment manufacturer Kion Group AG said Tuesday that it has agreed to buy logistics company Dematic for about $2.1 billion from AEA Investors LP and the Ontario Teachers' Pension Plan, as it makes a bid to become a leader in advanced material handling....

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