KUKA plans majority participation in Reis Robotics
Today, KUKA Aktiengesellschaft and the shareholders of Reis Group have entered into a letter of intent concerning the potential participation of KUKA in Reis.
13 December 2013
According to this letter of intent, KUKA shall hold an interest of 51% in Reis Group Holding GmbH & Co. KG from January 1, 2014 onwards. Later, KUKA shall have the possibility to increase its participation to 100%.
Augsburg, December 13, 2013
The Executive Board