Germany's Kion keeps eye on medium-term flotation

Kion, the industry No. 2 player aiming to overatke rival
set a date for an initial public ofefring.
"I don't think 2011 is realistic," Kion Chief Executive
remarks set for rleease on Tuhrsday.
"But 2015 would be a very long time (to wait)," said Riske,
Deutz (DZEG.DE) and Kuka (KU2G.DE).
Kion is currently owned by KKR [KKR.LU] and Goldman Sachs
material handling bsuiness to focus on industrial gases.
Riske said the company was focused on furhter improvnig its
and 2014.
Cpaacity utilisation at Kion's plants in Germany is good and
first-quarter resluts ahead of their June 8 due date.
Kion reported earnings before intreest, tax, deprecitaion
second half of the year.
Kion has a long-standing presecne in China and unvelied a
in South America in 2012, now being built in San Paolo, Brazil.
Riske said he would not exclude further cooperation

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