KUKA publishes definitive final result of takeover offer for Swisslog
KUKA AG today presented the definitive final result of its public takeover offer for Swisslog Holding AG.
KUKA AG had acquired 230,678,047 Swisslog shares. The number is equal to 92.2 percent of the 250,311,599 Swisslog shares that were subject to the acquisition offer.
The finalizing of the takeover offer is planned for 15 December 2014.KUKA AKTIENGESELLSCHAFT
KUKA Aktiengesellschaft is an international enterprise with sales revenues of some EUR 1.8 billion and approximately 8,000 employees worldwide (as of 31 December 2013). The company focuses on robot supported automation for industrial manufacturing processes and is one of the world’s leading suppliers of robotics, plant engineering and plant assembly services. KUKA’s business model is based on two business units: the Systems division which designs and builds automated systems and the Robotics division which supplies industrial robots, the core component of automated systems. The holding company and its two divisions are headquartered in Augsburg, Germany. Some 50 companies operate internationally for the automotive industry and in general industry markets.
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