Heavy Machinery & Vehicles

Kion Group buys Retrotech, valued at $40 million

Kion Group AG:KION Group and its automation brand Egemin Automation further strengthen their expertise in the fast-growing market for automated warehouse systems in North America by acquiring Retrotech.Signed an agreement to purchase the company, which is valued at around $40 million, with Savoye...

Monday, 8 Feb 2016 01:30am EST

Palfinger AG confirms FY 2017 outlook

Palfinger AG:By 2017, group's revenue, including joint venture companies, is still intended to reach 1.8 billion euros, through organic and inorganic growth.

Friday, 5 Feb 2016 04:07am EST

Kion Group renews credit facility on improved terms

Kion Group AG:Renews financing with significantly improved terms​.1.5 billion euros refinancing with new credit facility reflecting investment grade terms​ ‍.Early redemption of 450 million euros 6.75 per cent bond​ ‍significantly reduced interest costs and more flexibility​.

Friday, 5 Feb 2016 02:04am EST

Realcom raises consolidated mid-year outlook for FY 2016

Realcom Inc:Says the company increased the consolidated mid-year outlook for revenue to 2,187 million yen from 1,852 million yen for FY ending June 2016.Operating profit forecast increased to 222 million yen from 128 million yen.Ordinary profit forecast increased to 211 million yen from 85 million...

Friday, 5 Feb 2016 02:00am EST

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