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On 6 September 2006, Linde AG announced a new structure following the completion of its acquisition of BOC, with the gas and engineering businesses of the combined entity operating as The Linde Group and the materials handling businesses (Linde Material Handling, Still, and OM Carrelli Elevatori S.p.A.) operating as Kion Group from then on.
Linde Hydraulics was established as a division of Linde Material Handling, a Linde AG business unit. Production of the first forklift truck with hydrostatic transmission began. 1984: Linde and Linde Hydraulics introduced the load sensing valve technology. 1994: Introduction of the 02 Series axial piston pumps and motors with a swash angle of 21 ...
In September 2006, Linde acquired BOC for €11.7 billion in cash. [23] [24] Linde's forklift business was rebranded as KION Group and sold to KKR and Goldman Sachs for €4bn in January 2007. [25] In March 2007, the BOC Edwards semiconductor equipment business was sold to private equity firm CCMP Capital for €685m.
A forklift (also called industrial truck, lift truck, jitney, hi-lo, fork truck, fork hoist, and forklift truck) is a powered industrial truck used to lift and move materials over short distances. The forklift was developed in the early 20th century by various companies, including Clark , which made transmissions , and Yale & Towne ...
Lansing Bagnall, later known as Lansing Linde, was a British forklift truck manufacturer based in Kingsclere Road, Basingstoke, England. [ 1 ] [ 2 ] The company was known for the invention of the reach truck. [ 3 ]
In 2013 there were over 4,000 fuel cell forklifts used in material handling in the United States. [2] As of 2024, approximately 50,000 hydrogen forklifts are in operation worldwide (the bulk of which are in the U.S.), as compared with 1.2 million battery electric forklifts that were purchased in 2021.
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Ingersoll Rand Inc. is an American multinational company that provides flow creation and industrial products. The company was formed in February 2020 through the spinoff of the industrial segment of Ingersoll-Rand plc (now known as Trane Technologies) and its merger with Gardner Denver.
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