Kitron signs agreement with Lely to deliver electronics for milking robots

(2012-01-14) Lely has selected Kitron as manufacturing partner for their milking robot's electronical control cabinets. Lely is a global agricultural machine manufacturer with a broad range of products including forage harvesting, feeding and milking. "We are increasingly using robot technology in our products...

(2012-01-14) Lely has selected Kitron as manufacturing partner for their milking robot's electronical control cabinets.

Lely is a global agricultural machine manufacturer with a broad range of products including forage harvesting, feeding and milking.

"We are increasingly using robot technology in our products. Kitron's expertise within complex products and their global footprint was decisive when we selected them to deliver electronics for our milking robots," says Walter Nijhuis, Purchasing Manager Lely Industries. 

"This agreement is strategically important for Kitron. Agriculture machinery is getting more 'intelligent' and Lely is at the forefront of this trend. Lely is both our first customer in this growing market and in the Netherlands," says Kitron CEO Jørgen Bredesen.

The production of the electronics for Lely's milking robots will take place at Kitron's factory in Lithuania.

"This agreement is an important step for Kitron, and the facility in Kaunas in particular. It confirms our competitiveness in an attractive market," says Mindaugas Sestokas, Managing Director of Kitron UAB.

Link to: Picture of Lely milking robot (http://www.kitron.com/Investors/Bilder/)

For further information please contact:
Jørgen Bredesen, CEO of Kitron ASA, tel. +47 48 25 25 84 or
e-mail [email protected]
Mindaugs Sestokas, Managing Director of Kitron UAB, tel. +37 68 52 55 57 or
e-mail [email protected]

Kitron is one of Scandinavia's leading electronics manufacturing services companies for the Defence, Energy/Telecoms, Industry, Medical equipment and Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania, Germany, China and the United States. Kitron had revenues of about NOK 1.7 billion in 2011 and has about 1,200 employees. www.kitron.com

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act

Copyright Thomson Reuters

Regulatory News
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: %s via Thomson Reuters ONE


[HUG#1669823]