# Nanjing Estun in talks to acquire 50.01% of German M.A.i for EUR 8.87M

Nanjing Estun Automation Co is in talks with German automation company M.A.i over a 50.01% stake purchase worth a total of 8.87 million euros ($10.43 million).

- Type: Acquisition
- Announced: 2017-10-20
- Where: Germany
- Value: $10.4M (8.87M EUR)
- Status: rumored
- Products: automation solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Nanjing Estun Automation Co., Ltd.](https://endata.com/companies/16722.md) (acquirer)
- [M.A.i](https://endata.com/companies/17794.md) (target)

## Sources

- [ecns.cn](https://www.ecns.cn/business/2017/10-20/277780.shtml), 2017-10-20: "Nanjing Estun Automation Co is in talks with German automation company M.A.i over 50.01 percent stake purchases worth a total of 8.87 million euros."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.