KUKA AG was on 3 December informed by the technology group J. M. Voith GmbH & Co. Beteiligungen KG, Heidenheim an der Brenz (Germany), that Voith has acquired the KUKA shares from Grenzebach Maschinenbau GmbH. The voting rights held by Voith equal 25.1 percent; these voting rights are represented by shares (24.09 percent) and other financial instruments (1.01 percent). Now, therefore, Voith became KUKA’s largest single shareholder.
Till Reuter, the CEO of KUKA, welcomes the participation of Voith: “With Voith, we are gaining one of the most prestigious German family businesses as a long-term major shareholder. With its technological orientation and its global presence, Voith is a reliable partner, providing us with the ideal opportunity to shape the development of automation and Industry 4.0 further. This is good news for our employees, as this new anchor shareholder will provide us with a stable basis for further growth.”