Jungheinrich AG is a global provider of intralogistics solutions, specializing in the development, production, and sale of material handling equipment and automated warehouse systems. Founded in 1953 and headquartered in Hamburg, Germany, the company operates through two primary business segments: Intralogistics and Financial Services.
The Intralogistics segment, which accounts for approximately 78% of total revenue, encompasses the company's core manufacturing and services business. This includes the sale of new material handling equipment—such as electric and internal combustion forklift trucks, reach trucks, and automated guided vehicles (AGVs)—which generates about 43% of total revenue. The segment also covers after-sales services (22% of revenue), providing maintenance, repairs, and spare parts, as well as a short-term rental and used-equipment business (13% of revenue). The Financial Services segment contributes the remaining 22% of revenue and supports the company's sales operations by offering flexible financing, leasing, and rental solutions to customers.
Geographically, Jungheinrich generates the vast majority of its revenue in Europe (approximately 80%), though it is actively expanding its footprint in North America and the Asia-Pacific region through strategic acquisitions and partnerships. The company's competitive position is supported by its broad product portfolio, which ranges from traditional manual lift trucks to fully automated, software-driven intralogistics workflows. By integrating technologies like lithium-ion batteries, robotics, and digital fleet management, Jungheinrich operates as one of the largest material handling equipment manufacturers globally and serves a diverse customer base across the retail, manufacturing, and logistics sectors.
