KUKA acquires US integrator and toolmaker
For an amount “in the low double digit million Euro range,” KUKA has acquired the engineering services, toolmaking and integration divisions of US-based Utica Enterprises. 300 people are involved in the acquisition.
“With this acquisition KUKA Systems is leveraging its technologies. Our customers will benefit from an expanded manufacturing footprint, talent pool and knowledge base with greater economies of scale” said Lawrence Drake, CEO of KUKA Systems North America, a wholly-owned subsidiary of KUKA AG, one of the world’s leading suppliers of robotics and plant and systems engineering.