Jungheinrich AG is engaged in manufacturing of products for the material handling equipment, warehousing and material flow engineering sectors. It operates through the Intralogistics and Financial Services segments. The Intralogistics segment is involved in the development, production, sale, and short-term hire of new material handling equipment and warehousing technology products including logistics systems as well as the sale and short-term hire of used equipment and after-sales services, consisting of maintenance, repair, and spare parts. The Financial Services segment Includes the pan-European sales financing and usage transfer if material handling equipment and warehousing technology products. The company was founded by Friedrich Jungheinrich on August 7, 1953 and is headquartered in Hamburg, Germany.