Moody's withdraws the rating of KUKA AG for business reasons
Rating Action: Moody's withdraws the rating of KUKA AG for business reasons. Global Credit Research- 07 Jan 2019. Frankfurt am Main, January 07, 2019-- Moody's Investors Service, has today withdrawn all ratings of KUKA AG.KUKA provides automation solutions comprising robots, software and assembly systems. Co. supplies robot technology and systems engineering. Co.'s segments include: KUKA Systems, which specializes in joining and forming processes using various materials, and provides automated production and assembly solutions for sustainable industrial manufacturing; and KUKA Robotics, which is comprised of Industrial Robotics, which develops, produces, sells and services industrial robots used for various applications across industry sectors, mobile platforms, control systems and software solutions, and KUKA Laboratories, which develops and markets products for the service robotics and health care sectors.
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