Transaction completed: ROLF BENZ and KUKA commit to “Made in Germany” production and market investment
Nagold, 17 May 2018. On 1 March this year, the Stadtlohn-based Hüls Group announced that it had sold its 99.92% stake in Rolf Benz AG & Co. KG and a 100% stake in RB Management AG (the sole general partner of Rolf Benz AG & Co. KG) held by LoCom GmbH & Co. KG on 28 February 2018. The buyer is the Chinese company Kuka Investment and Management Co. Ltd., a subsidiary of Hangzhou-based Jason Furniture (China). Following approval by the Chinese and German authorities, the shares will be transferred to the buyer at today’s close, thereby completing the sale of the companies.