Voith GmbH, among the biggest family-owned businesses in Europe, acquired 25% of robot maker Kuka AG by buying the shares held by Grenzebach GmbH.
The transaction was valued at €555 million ($683 million), based on Bloomberg closing share prices.
KUKA has been active financially this last year:
Till Reuter, CEO of KUKA, said: “This is good news for our employees, as this new anchor shareholder will provide us with a stable basis for further growth.”
“Kuka is focused on mechanics, electronics, sensor systems and software,” Voith Chief Executive Officer Hubert Lienhard said. “This makes it an ideal, forward-looking investment for us.
Will there be a consolidation of KUKA, Grenzebach and Swisslog mobility R&D and products? And will there be a mobile manipulator robot in the near-term future using KUKA’s new lightweight IBR iiwa arm and Swisslog’s and Grenzebach’s consolidated mobile platform? Interesting times …
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