UPDATE 2-Kion eyes U.S. acquisition to close in on Toyota

Newswire

(Adds more comments from management) By Christiaan Hetzner FRANKFURT, Aug 29 (Reuters) - German forklift truck maker Kion is shopping around for an acquisition in the United States to complement its value brand OM, which could help it overtake Japanese rival Toyota Industries as market leader. "If there is an opportunity, we will certainly seize it," Kion Chief Executive Hubertus Krossa told reporters late on Tuesday, adding though that a boom in materials handling and warehouse ...

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