Jungheinrich, a solutions provider for intralogistics based in Hamburg, and the Chinese industrial truck manufacturer EP Equipment have agreed on a strategic partnership. According to a statement dated May 6, Jungheinrich and EP Equipment are jointly focusing on customer-oriented, innovative industrial trucks, thereby strengthening the product offerings and competitiveness of both companies. To this end, EP Equipment will initially expand the Jungheinrich portfolio under the new mid-tech brand "AntOn by
Jungheinrich," which will focus on electric counterbalance forklifts and other electric industrial trucks, it was stated.
"We are very pleased with the new partnership with EP Equipment, as it will bring significant benefits to our customers," said Dr. Lars Brzoska, Chairman of the Board of Jungheinrich AG. "The expansion of our portfolio is an important part of our Strategy 2030+, with which we aim to strengthen our position in the
growing mid-tech market. Together with EP Equipment, we can offer a comprehensive full-liner forklift portfolio - simply the right forklift for every customer."
John He, CEO of EP Equipment, said: "The partnership with Jungheinrich is another step in our journey to shift the industry from combustion engines to electric vehicles. Together, we will further leverage our synergies in production, learn from each other, and strengthen our respective positions as leading
providers of industrial trucks powered by lithium-ion batteries.
About Jungheinrich and EP Equipment
In the 2024 financial year, Jungheinrich generated sales of 5.4 billion euros with around 21,000 employees. The global network includes twelve production sites as well as service and sales companies in 42 countries.
In 2024, EP Equipment achieved sales of around 839 million euros and employed over 4,000 people worldwide. The company produced almost 300,000 machines in