- CEO
- Lars Brzoska
- Full Time Employees
- 21,438
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Friedrich-Ebert-Damm 129 Hamburg HA Germany 22047
- IPO Date
- Aug 30, 1990
- Business
- Jungheinrich AG, headquartered in Hamburg, Germany, and founded in 1953, ranks among the world's leading intralogistics providers, developing, producing, selling, renting and servicing a comprehensive range of material handling equipment and automated systems. The company offers electric and hand pallet trucks, electric pallet stackers, order pickers, reach trucks, very narrow aisle trucks, electric, diesel and gas/LPG forklift trucks, tow tractors, trailers, shuttles; automated vehicles including stacker cranes, AGVs, AMRs and robotic pallet handling systems; conveyor technology; warehousing racking and high-bay storage solutions; lithium-ion and lead-acid batteries; charging technology; fleet management software; warehouse control systems (WCS) and process monitoring interfaces; as well as integrated intralogistics services encompassing system consulting, lifecycle maintenance, leasing, rental programs and used equipment sales. Operating through two main segments—Intralogistics and Financial Services—Jungheinrich serves industrial, retail and logistics customers worldwide via over 40 direct sales and service companies in more than 120 countries, with key production sites in Germany and a strategic U.S. foothold. Recent developments include the full acquisition of robotics specialist Magazino to bolster automation expertise in mobile robots and software; the launch of Uplift Ventures corporate venturing unit in 2025 to invest in AI, robotics, circular economy and digital platforms beyond core operations, including the debut of AI startup turnus.ai; a strategic partnership with EP Equipment and introduction of the mid-tech "AntOn by Jungheinrich" brand for entry-level industrial trucks; an alliance with Merantix featuring a 5 million euro investment in its AI fund; and the unveiling of Strategy 2030+ targeting 10 billion euros in revenues by 2030 through global expansion in North America and Asia-Pacific, warehouse automation growth and portfolio extensions.