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2013/03/28

Green light from the antitrust authorities: Acquisition of LTi by Körber AG sealed

Following the approval of the antitrust authorities, Körber AG has now completed its acquisition of the Lahnau-based LTi Group with effect from March 28, 2013.

By acquiring the LTi Group, Körber is expanding its expertise in the promising fields of automation and sensors. Innovative LTi products are deployed, for example, in the fields of medical and energy technology as well as in the field of mechanical engineering. Together with Körber, growth opportunities are to be exploited, in particular in international markets. Körber AG originally announced the acquisition of the LTi Group in mid February 2013, subject to the approval of the antitrust authorities.