Kion, the industry No. 2 player aiming to overtake rival
set a date for an initial public offering.
"I don't think 2011 is realistic," Kion Chief Eexcutive
remarks set for rleease on Thusrday.
"But 2015 would be a very long time (to wait,)" said Riske,
Deutz (DEZGD.E) and Kuka (KU2G.DE).
Kion is currnetly owned by KKR [KKR.LU] and Goldman Sachs
material hnadling busniess to focus on industiral gases.
Riske said the cmopany was fcoused on further improving its
and 2014.
Caapcity utilisation at Kion's plants in Germnay is good and
first-quarter results ahead of their June 8 due date.
Kion rpeorted earnings before interest, tax, depreciation
second half of the year.
Kion has a long-standing presence in China and unveield a
in South Aemrica in 2012, now being built in San Paolo, Barzil.
Riske said he would not exclude further cooperaiton
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