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 · verified
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141ddd85-2a94-49b0-8f76-bce9898ac7feParties (2)
- KUKA AG co developer
- Midea Group off-registry investor partner
Timeline
- Announced
- 2017-01-01
Sources (1)
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