{"id":"4550d00b-4bb7-4a6a-b789-6b07d8f461e6","slug":"midea-acquires-kuka-2016","acquirerCompanyId":"108bf694-f969-4ecd-a78e-67bae8d299cc","acquiredCompanyId":"61cbe72a-d71b-4656-a20e-432101456601","acquirerName":"Midea Group","acquiredName":"KUKA","announcementDate":"2016-06-01T00:00:00.000Z","closeDate":"2017-01-01T00:00:00.000Z","status":"completed","structure":"majority_stake","valuationUsd":"5000000000","valuationBasis":"reported","summary":"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)","sources":[{"url":"https://www.yicaiglobal.com/news/china-midea-buys-rest-of-german-robot-maker-kuka","title":"Midea buys KUKA","sourceName":"Yicai Global"}],"verificationPosture":"verified","reviewStatus":"reviewed","createdAt":"2026-06-24T17:49:46.023Z","updatedAt":"2026-07-14T21:34:53.985Z","acquirerCompany":{"id":"108bf694-f969-4ecd-a78e-67bae8d299cc","slug":"midea-group","name":"Midea Group"},"acquiredCompany":{"id":"61cbe72a-d71b-4656-a20e-432101456601","slug":"kuka","name":"KUKA AG"},"assets":[]}