Grenzebah is selling its shares in KUKA to Germany company Voith, a family-owned, technology driven company with almost 150 years of tradition.
Grenzebach Maschinenbau GmbH, one of the world’s leading suppliers of material flow and process technology, is selling its shares of KUKA AG to Voith in Heidenheim, Germany.
“We look back at a prosperous cooperation with KUKA and we are glad to pass our shares to another anchor shareholder with a high sense of responsibility. Voith is a family-owned, technology driven company with almost 150 years of tradition; its worldwide structure makes Voith an ideal partner for KUKA. We are convinced that KUKA will continue its success story with this new partnership,” explains Bernd Minning, President and CEO of Grenzebach. And he adds “Grenzebach will concentrate its resources to further develop and enlarge its core businesses.”
Grenzebach is a global and expanding group of companies serving automation and process industries from its own production location in three currency areas (Germany, US, China). With its 1,600 employees all over the world Grenzebach produces specialized and customized solutions for the capital goods industry. It focuses on glass and building material producers as well as on international logistic companies in the automotive, civil aviation and food industry.