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Linz. (apa / kle) Keba electronics company in Linz acquires LTI Motion, the German training technology specialist, and badociated company Heinz Fiege GmbH from Körber AG, based in Hamburg. Keba will become the global solution provider in the field of industrial automation, announced Tuesday its boss, Gerhard Luftensteiner.
As a result, Keba is a specialist in the field of control and safety as well as industrial applications, LTI Motion in the field of servo drive technology and Fiege GmbH in application-related pin technology. Business skills should now be grouped together. In the future, this will offer everything for robots and machines from a single source, said Luftensteiner, who expects the acquisition of new products and new customers in the industry. mechanical engineering. Keba's annual turnover of € 253.6 million will increase by € 100 million after the acquisition, and the number of employees will increase from 1,200 to 1,700.
Keba and LTI Motion have worked closely together in the past. The first talks on a takeover took place in 2008. The purchase price is secret, the closing is scheduled for late December.
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