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
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141ddd85-2a94-49b0-8f76-bce9898ac7fe- Type
- investment
- Status
- Activeoperating
- Announced
- 2017-01-019.7 years ago
- Active for
- 9.7 years
Who’s involved
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.
Most-frequent partners
Off-registry parties
- Midea Group · investor partner
Related partnerships
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- Harmonic Drive SE x KUKA (Industrial Robot Joint Reducers)KUKA AG + Harmonic Drive SEmanufacturing2010-01-01operating
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Sources (1)
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