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Author:
Andreas Baumgartner
from Linz
Keba AG, an automation specialist, employs a further 500 people: the Linz-based company acquires the German companies LTI Motion and Heinz Fiege GmbH, the leading technology provider of drive solutions and pin technologies. A corresponding contract between Keba AG and the seller, Körber AG, was signed on 15 November.
"Long-time strategic dream"
Ten years ago, there were discussions about a takeover. Expanding Keba's portfolio into training technology "has long been a strategic dream and we achieved it with this acquisition," said Gerald Luftensteiner, CEO of Keba. Keba thus becomes a provider of complete solutions in the field of industrial automation. With the new brand "Keba + LTI", the customer will be expanded again.
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Author:
Andreas Baumgartner
from Linz
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