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Partnership

Midea Group x KUKA (Acquisition/Ownership)

Midea Group (China) acquired majority ownership of KUKA AG (Augsburg, Germany) in 2017 for approximately €4.5 billion. KUKA's 2025 robotics revenue is estimated at .8 billion. The acquisition gave Midea access to industrial robotics technology while KUKA retained its German engineering base.

investment · Active · operating


Machine-readable surfaces

141ddd85-2a94-49b0-8f76-bce9898ac7fe
Type
investment
Status
Activeoperating
Announced
2017-01-01
9.7 years ago
Active for
9.7 years

Who’s involved

KUKA AGco developer

German industrial robot manufacturer and one of the global Big Four robot makers. Acquired by China's [Midea group](/companies/midea-group) in 2016. Produces 6-axis articulated robots, quenching robots, and the KR QUANTEC series for automotive and industrial applications. The 1981 Kenji Urada fatality at a Kawasaki plant — Japan's first robot-related death — involved a Kawasaki industrial robot, underscoring these manufacturers' long safety history.

HQAugsburg, Germanywww.kuka.com3 partnerships

Most-frequent partners

Off-registry parties

  • Midea Group · investor partner

Related partnerships

Other deals between the same parties

Other partnerships of KUKA AG

Recent partnerships of the same kind

Sources (1)

  1. https://yihailasers.com/industrial-robot-manufacturers/

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