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Linz-based Keba, a Linz-based electronics company, acquires Hamburg-based Körber AG from Germany, the German specialist in drive technology LTI Motion and Heinz Fiege GmbH in Lahnau and Röllbach.
Keba claims to have become the provider of global solutions in the field of industrial automation. Keba CEO Gerhard Luftensteiner announced it at a press conference in Linz.
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Companies have already cooperated closely in the past. The first takeover talks took place ten years ago. Silence was agreed on the purchase price. Closing is scheduled for the end of December.
Keba is a specialist in control and safety as well as the industrial environment. LTI Movement is specialized in the field of servomotor technology. The badociated company Heinz Fiege is a specialist in application-related pin technology.
The skills of both companies should now be grouped together. This would offer everything in the future for robots and machines from a single source, rejoices Luftensteiner. He hopes to acquire new products as well as new customers in machine construction.
Keba 's turnover of 253.6 million euros is expected to increase by 100 million as a result of the takeover. The number of employees will increase from 1,200 to 1,700. (Apa / Red)
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