Steute Technologies buys Kiepe Industry

Martin Kunz (CEO Steute) and Birgit Sacha (Head of Kiepe Industry)

© Steute

Known since the 1960s, Kiepe develops durable safety and monitoring solutions for industries such as mining and agriculture. The Düsseldorf-based company offers reliable products through an international network. With the integration of KIEPE, steute is expanding its portfolio to better serve customers in demanding environments, including explosion-proof applications.

Martin Kunz, CEO of steute, emphasizes the growth potential in strategic markets. Birgit Sacha from Kiepe sees the cooperation as a logical step towards increasing customer benefits. Jesse Feldman from Battery Ventures sees the merger as having the potential to become a global leader in industrial switching solutions.