# Estun Automation opens German subsidiary M.A.i. in Nanjing after acquisition

Estun Automation held the opening ceremony for its German subsidiary M.A.i. (Nanjing) after acquiring 50.01% of M.A.i. for about 8.869 million euros in 2017.

- Type: Acquisition
- Announced: 2018-01-19
- Where: Nanjing, Jiangsu, China
- Value: $10.8M (8.87M EUR)
- Status: completed
- Products: system integration, informatization
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Estun Automation](https://endata.com/companies/16775.md) (acquirer)
- [M.A.i](https://endata.com/companies/17794.md) (target)

## Sources

- [yzweekly.com](https://www.yzweekly.com/jxsb/jiqiren/2060.htm), 2018-01-22: "在德国艾玛意与埃斯顿的共同努力下，德国艾玛意（南京）公司正式开业，这标志着德国智能制造技术落地中国。"

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