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Jungheinrich Eyes Acquisitions to Drive Digitalisation09/27/2021 | 02:18am
Jungheinrich Aktiengesellschaft (XTRA:JUN3) is planning to make acquisitions to support its transition towards digitalisation and automation, Chief Financial Officer Volker Hues told newspaper Boersen-Zeitung. The Hamburg-based company seeks to have better access to the world's largest markets in its sector -- the United States and China and strengthen its automation business, Hues was cited as saying. Jungheinrich is able to finance a deal worth several hundred million euro as the company has strong liquidity and available credit lines, the CFO added.
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