Germany's Kion keeps eye on medium-term flotation


FRANKFURT, May 26 (Reuters) - German forklift truck maker Kion is maintaining a focus on building its business and paying down debt as it readies a flotation in the medium term, its chief executive said. Kion, the industry No. 2 player aiming to overtake rival Toyota Industries as market leader by 2015, has yet to set a date for an initial public offering. "I don't think 2011 is realistic," Kion Chief Executive Gordon Riske told the ICFW Frankfurt business journalist club in remarks set ...

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