Technology: Kuka – RP ONLINE

7th October 2014 | 10.04 clock

technology

Kuka

technology. Kuka AG continues its expansion ahead: You announced to want in Switzerland acquire a majority stake in listed Swisslog Group. Background of the takeover intention is to continue the medium and long-term strategy of Kuka to reduce the Group’s dependence on the automobile and supplier industry. Entrepreneurial motivation of the acquisition is to provide products and technologies from Kuka to provide input in logistics centers and hospitals. The market position of Kuka in Switzerland should be strengthened against global competitors. Kuka’s dependence on the automobile sector (about 70 percent of sales) is likely to reduce further characterized. (Xetra, 6:10 .: 45.96 €) WKN 620 440 llm

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