# Fosun completes acquisition of German automation provider FFT

Chinese conglomerate Fosun International completed its acquisition of FFT GmbH & Co. KGaA, a German provider of automated production systems. The deal was agreed in June 2018; financial terms were not disclosed.

- Type: Acquisition
- Announced: 2019-05-30
- Where: Germany
- Status: completed
- Products: automated turnkey production systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Fosun International](https://endata.com/companies/18746.md) (acquirer)
- [FFT GmbH & Co. KGaA](https://endata.com/companies/39712.md) (target)

## Sources

- [kr-asia.com](https://kr-asia.com/fosun-acquires-germany-automation-solution-provider-fft), 2019-05-31: "Fosun can leverage on FFT's automation technology to promote industry upgrades while helping its portfolio companies boost their innovative capabilities in smart manufacturing."

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