Jungheinrich (Jungheinrich AG) is Europe’s No. 2 and the world’s No. 3 material-handling equipment company, founded in Hamburg in 1953, a listed enterprise spanning forklifts through stacker cranes and logistics systems.
1. Company Overview
- Company name: Jungheinrich AG, listed on the Frankfurt Stock Exchange (MDAX)
- Founded: August 7, 1953, in Hamburg by founder Dr. Friedrich Jungheinrich as H. Jungheinrich & Co. Maschinenfabrik
- Headquarters: Hamburg, Germany
- Scale: more than 20,000 employees worldwide (as of December 2024)
2. History and Personnel
Founded in Hamburg in 1953, the company unveiled its first electric four-wheel forklift, the “Ameise 55,” that same year. It opened its first overseas branch in Austria in 1956 and began operating its Hamburg-Wandsbek plant in 1958. It secured land in the Norderstedt area in 1966 and progressively relocated production there through 1984. It built a new plant in Lüneburg in 1989, and in 2014 established its logistics systems (Jungheinrich Logistiksysteme GmbH) and energy and drive systems business units. In 2015 it strategically expanded its logistics systems business by acquiring the MIAS Group, a Munich-based stacker crane and loading equipment specialist.
The company established a dedicated executive board department for Logistics Systems to strengthen that business, and operates a training center at its Norderstedt site handling up to 5,000 people annually.
3. Core Technology and Key Equipment
The company offers a comprehensive intralogistics solution spanning conventional material-handling equipment such as forklifts and warehouse trucks through stacker cranes and logistics systems (WES/WCS).
- Electric forklifts and reach trucks — an electrified lineup continuing from the 1953 Ameise 55
- Stacker cranes and loading equipment, based on the MIAS Group acquisition
- Logistics systems (Jungheinrich Logistiksysteme) — integrated warehouse automation
- WES/WCS software platform — real-time orchestration
4. Production Infrastructure and Quality Assurance
The company operates production and training sites in Germany including Norderstedt and Lüneburg alongside its Hamburg headquarters, and has established itself as Europe’s No. 2 and the world’s No. 3 material-handling equipment, warehousing, and logistics flow engineering company.
5. Delivery Track Record and Partnerships
The company states it supplies material-handling equipment to a range of industrial customers worldwide, but individual customer names are (undisclosed).
6. Financial Status and Roadmap
As a company listed on the Frankfurt Stock Exchange (MDAX), it reported revenue of approximately EUR 4.24 billion and 19,103 employees in 2021 (per publicly available materials). As of December 2024, its headcount exceeded 20,000.
The company continues to advance electrification and automation technology centered on its energy and drive systems business and its logistics systems business.
This profile was compiled from publicly available sources including Wikipedia (English) and the company website (jungheinrich.com); unverified figures and non-public information have not been arbitrarily included.