Acquisition
Midea Group acquires KUKA AG
China's Midea Group offered ~EUR 4.5B (~$5B) for KUKA in June 2016 and completed the takeover in January 2017, acquiring a ~94.55% stake in the German industrial-robot maker; Midea later took KUKA fully private. (month-precision dates)
majority stake · Completed · $5.0B (reported, approximate) · verified
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- Markdown mirror: /acquisitions/midea-acquires-kuka-2016.md
- JSON-LD: embedded in this page’s head
- REST API: /v1/acquisitions/midea-acquires-kuka-2016
- Revision history: /acquisitions/midea-acquires-kuka-2016/history
- Data documentation: /data
- Query this programmatically: Deploy MCP
4550d00b-4bb7-4a6a-b789-6b07d8f461e6Parties
- Acquirer
- Midea Group
- Acquired
- KUKA AG
Timeline
- Announced
- 2016-06-01
- Closed
- 2017-01-01
Sources (1)
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