FRANKFURT May 2 Germany's Kion Group
the world's No.2 fork lift truck maker, said it may seek to
float shares on the stock exchange this year.
"I can confirm that KION GROUP is considering a potential
IPO in 2013," a spokesman for Kion said in an e-mail on
Thursday, adding that no decision had been taken yet.
Kion, split off from gases group Linde in 2006, is
currently owned by the private equity arm of Goldman Sachs
, buyout firm KKR and Chinese firm Shandong Heavy
In August 2012, Shandong unit Weichai agreed to pay 467
million euros ($616 million) for a 25 percent stake in Kion and
a further 271 million for 70 percent of Kion hydraulics, a unit
of the Wiesbaden, Germany-based firm.
Shandong has also secured the option to increase its stake
in Kion to one third as part of an IPO.