Voith acquires 25.1 percent of KUKA
Strategic investment in Industry 4.0 megatrend
The stake in KUKA AG represents a strategic investment for Voith. Computerization and automation will fundamentally change industrial production processes in the years ahead. Robots are the key component in tomorrow’s digitized industry and thus in the Industry 4.0 megatrend.
Voith President and CEO Dr. Hubert Lienhard explained: “KUKA is focused on mechanics, electronics, sensor systems and software and is superbly positioned for Industry 4.0 with its highly specialized automation expertise. This makes it an ideal, forward-looking investment for us. Voith supports KUKA’s proven strategy and has confidence in the people who have played a major part in its exceptionally successful development in past years. With our 25.1 percent stake in KUKA AG, our goal as a family business is to be a stable anchor shareholder with a long-term focus. We will support KUKA and its workforce in a spirit of partnership.”
Voith sets standards in the markets energy, oil & gas, paper, raw materials and transport & automotive. Founded in 1867, Voith employs more than 43,000 people, generates EUR 5.7 billion in sales, operates in about 50 countries around the world and is today one of the largest family-owned companies in Europe.
Lars A. Rosumek
Senior Vice President Group Communication
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