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Following organic growth and several acquisitions, Steute Technologies is consolidating its operations more closely. The company’s existing corporate and product brands will remain in place.
Steute Technologies, backed by Battery Ventures, has acquired the industrial switching technology specialist and part of Kiepe Electric GmbH
Martin Kunz, an industrial engineer from RPTU Kaiserslautern-Landau, previously held management positions at Xylem and as CEO of Concentric.