KUKA sells automation integration subdivision in Obernburg to Aretè Cocchi Technology, Italy, and FAI Holding, Switzerland
Augsburg, June 28, 2023 – KUKA has signed an agreement to divest its robotic automation integration division KUKA Industries GmbH & Co. KG, Obernburg. The transaction will be closed by June 30.
28 June, 2023
The division focuses on highly customized automation solutions and special machinery for welding, cutting, casting and laser processing, as well as for automation in packaging, food processing and ancillary industries. The buyer is a collaboration between Italian technology company CT Pack, part of the Aretè Cocchi Technology Group (ACT) based in Italy, and FAI Holding AG (FAI), an investment company based in Switzerland, specialized in relaunching historical brands active in technology and automation.
"With the new ownership we have found a better fit with the business model and a unique strategic perspective for KUKA Industries and its employees. This includes more independent sales structures and higher visibility in the market", says KUKA CEO Peter Mohnen.
"With this acquisition, we will strengthen our packaging, automation and robotics business," says Gino Cocchi, Chairman of ACT. "We see great potential in the robotics integration know-how of KUKA Industries Obernburg for complementary markets of our existing activities, as we plan to expand the business supported by our international network in Europe, America and Asia.”
Luigi Maniglio, Senior Partner of FAI, adds: “We are proud of having favored the conclusion of such an important industrial transaction. We have conceived a long-term relaunch plan for KUKA Industries Obernburg, starting with reviving its former iconic brand ‘Reis Robotics’ and revitalizing products such as the ‘RobotStar’ control. We look forward to the unique combination with Aretè Cocchi Technologies, an Italian excellence in technology and automation. Reis Robotics is back and will return to be a reference in the industry.”
KUKA had acquired Reis Robotics in 2013 and changed its name to KUKA Industries GmbH & Co. KG in 2016. The parties have agreed not to disclose any terms and conditions of the transaction.
Your contact at FAI:
Luigi Maniglio
l.maniglio@faiadvisory.it
Juergen Donath
j.donath@faiadvisory.it
Your contact at ACT:
Francesca Curzel
fc@aretecocchitechnology.com
