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I don't see anything wrong with it, except the current price :)
For me it is a stable proven company :)
I know only from the express train, but they have had a development in Brno for many years, so you can go there sometime to see if they do excursions;)
I don't know the company very well, but conglomerates tend to be a good choice for a portfolio. This particular one, I think, has businesses in aerospace, automotive, chemicals, and even has an oil and gas business, so decent diversification.
Nice company near the new peaks. He who sticks is well off.
An interesting stable dividend stock. Just a little more expensive now. I don't have it in my portfolio.