Berlin. Kuka CEO Till Reuter tries dispel doubts about the possible takeover of the robot manufacturer by Chinese investors. “Kuka is a German company and we remain a German company,” he told the “Frankfurter Allgemeine Sonntagszeitung”. The data of its customers get “no”.
China is very important for Kuka, said Reuter. “China is crucial because it is the largest robot market today. We’ll be doing just trusting transactions as in other countries. “Kuka is considered a figurehead for Robot technology from Germany. The Chinese air conditioning and home appliance maker Midea will take over the Augsburg-based company. Midea is already involved in Kuka.
A spokesman for the German Economics Minister Sigmar Gabriel (SPD) had said, the federal government reach not actively involved in business decisions. However, it is clear that the government observe carefully if there was targeted investment or takeover bids for major German know-how carrier industry.
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