KION Group AG has formed a strategic partnership with Chinese manufacturer Quicktron, aiming to enhance its offerings in mobile automation solutions and acquire a minority stake in the company.
Target Information
KION Group AG has established a strategic partnership with Quicktron, a notable manufacturer of autonomous mobile robots (AMRs) based in Shanghai, China. Founded in 2014, Quicktron has rapidly positioned itself as a leader in the AMR market in China, employing around 400 individuals globally. The company specializes in innovative intralogistics solutions powered by artificial intelligence, making it a key player in the automated supply chain landscape.
The partnership involves a distribution agreement and a memorandum of understanding, which will allow KION Group to incorporate Quicktron's products into its global sales and service networks under established brands such as Linde Material Handling, STILL, and Dematic. This strategic move aims to enhance KION's product portfolio in automated warehouse solutions.
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Industry Overview in China
The demand for automated supply chain solutions is surging in the Asia-Pacific region, particularly in China, fueled by the rapid growth of e-commerce. The necessity
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