Porsche takes over Kuka’s tool making division

By admin August 20, 2015 4:38 pm IST

 Porsche has taken over the tool making division of Kuka Systems GmbH with locations in Schwarzenberg in the German state of Saxony and the Slovakian town Dubnica. Under the name of Porsche Werkzeugbau GmbH, the business unit with more than 600 employees will become a fully owned subsidiary of the Stuttgart-based sports car maker Dr. Ing. h.c. F. Porsche AG. Kuka Systems GmbH belongs to Kuka AG, Augsburg, world-leading supplier of robot-based automation systems. The takeover is still subject to approval under antitrust law.

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