Jungheinrich acquires minority holding in EP Equipment
Jungheinrich has acquired a 4.9% stake in Chinese industrial truck manufacturer EP Equipment, structuring the transaction as a long-term strategic investment. Through the minority stake, Jungheinrich says it is deepening its strategic cooperation with EP Equipment and taking a further step in the implementation of its Strategy 2030+. “EP Equipment is one of the most successful and fast-growing companies in the material handling sector. With our investment, we are creating a strong foundation for our long-term partnership,” says Dr Lars Brzoska, chief executive of Jungheinrich. Continue reading Jungheinrich acquires minority holding in EP Equipment at Industrial Vehicle Technology International.
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Jungheinrich has acquired a 4.9% stake in Chinese industrial truck manufacturer EP Equipment, structuring the transaction as a long-term strategic investment. Through the minority stake, Jungheinrich says it is deepening its strategic cooperation with EP Equipment and taking a further step in the implementation of its Strategy 2030+.
“EP Equipment is one of the most successful and fast-growing companies in the material handling sector. With our investment, we are creating a strong foundation for our long-term partnership,” says Dr Lars Brzoska, chief executive of Jungheinrich.
