-+ 0.00%
-+ 0.00%
-+ 0.00%

Jungheinrich Flags Delay in Sale of Unit to Russian Investor

MT Newswires·12/05/2025 09:51:05
Listen to the news
09:51 AM EST, 12/05/2025 (MT Newswires) -- Jungheinrich (JUN3.F) on Friday flagged a delay in the expected fourth-quarter closing of its sale of Jungheinrich Lift Truck OOO to a Russian financial investor and asset manager. With the deal now expected to close in 2026 due to the "political and legal environment in Russia," the German intralogistics company also adjusted its full-year 2025 estimates including a narrowed revenue range.