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Partnership

KUKA x Midea Group (Acquisition)

Midea Group acquired KUKA AG in 2016 for approximately €4.6 billion, taking a ~95% stake. KUKA operates as a subsidiary under Midea ownership, maintaining its Augsburg headquarters and robotics operations.

investment · Active · operating


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ca0b2201-a873-4b5c-94f9-6b46277dbc9b
Type
investment
Status
Activeoperating
Announced
2016-06-28
10.2 years ago
Start
2016-12-01
9.7 years ago
Active for
9.7 years

Who’s involved

KUKA AG is one of the world's leading manufacturers of industrial robots and factory automation systems, headquartered in Augsburg, Germany. Founded in 1898 as Keller und Knappich Augsburg, the company produces the [KR AGILUS](/models/kr-agilus) small robot line, the KR QUANTEC and KR TITAN series, and provides automation systems for automotive, electronics, and logistics industries. KUKA has been a subsidiary of [Midea Group](https://www.midea.com) since 2016 and operates divisions including KUKA Robotics, Swisslog, and KUKA Digital.

HQAugsburg, Germany2 partnerships

Off-registry parties

  • Midea Group · investor partner

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Sources (1)

  1. https://en.wikipedia.org/wiki/KUKA

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