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We want to keep Kuka’s separate identity as a German company, where we can help Kuka is mostly in China. Kuka management has plans to grow in China. Given our meaningful footprint in China we can help them accelerate growth in terms of our customer base and supply chain.
– Andy Gu
Found on Reuters1 year ago
One of the leading rationales for the deal is rising labor costs. This means efficiency becomes more important for growing our business and for the Chinese economy as a whole, we want to keep Kuka’s separate identity as a German company.
We think our offer is very attractive, but we are happy if any other shareholder would remain invested in Kuka. Our target is to become a meaningful investor in Kuka, that's why we are aiming for at least 30 per cent.
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"Andy Gu Quotes." Quotes.net. STANDS4 LLC, 2017. Web. 24 Nov. 2017. <http://www.quotes.net/authors/Andy+Gu>.
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