KEBA AG, a leading provider of innovative, integrated automation control systems and safety solutions for general as well as special industrial applications acquired LTI Motion Group, a technically leading supplier of servo drive solutions headquartered in Lahnau, Germany.
The acquisition allows KEBA to position itself as one of the few turn-key providers of integrated industrial automation solutions. The combined operations thus enable KEBA to cater to a uniquely rounded and comprehensive portfolio of products and systems to its customers and further strengthens the company’s approach to provide tailored, industry-specific automation solutions to its customers.
“The portfolios of KEBA and LTI Motion complement each other perfectly. The great advantage for our existing and future customers is that this expertise is now bundled. Customers will now receive complete solutions from a single source – from operations, control and safety technology, to drive technology – and all this appropriate for their respective industry” Gerhard Luftensteiner, CEO of KEBA AG, explains.
The transaction marks a transforming step in KEBA’s development, increasing group sales by 40%, catapulting KEBA to the global Top10 of integrated automation solution providers.