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

KUKA Aktiengesellschaft

The Executive Board

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