DEPLOYDatabase

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


Machine-readable surfaces

4550d00b-4bb7-4a6a-b789-6b07d8f461e6

Parties

Acquirer
Midea Group
Acquired
KUKA AG

Timeline

Announced
2016-06-01
Closed
2017-01-01

Sources (1)

  1. https://www.yicaiglobal.com/news/china-midea-buys-rest-of-german-robot-maker-kuka

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