# Estun Automation and CRCI acquire Carl Cloos Schweißtechnik

Estun Automation and China Renaissance Capital Investment (CRCI) acquired Carl Cloos Schweißtechnik GmbH, a German market leader in welding technology and robotics.

- Type: Acquisition
- Announced: 2019-08-01
- Where: Haiger, Germany, Germany
- Value: $222.0M (200.0M EUR)
- Status: announced
- Products: welding technology, robotics, robotic welding solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Estun Automation](https://endata.com/companies/16775.md) (acquirer)
- [China Renaissance Capital Investment](https://endata.com/companies/17108.md) (acquirer)
- [Carl Cloos Schweißtechnik GmbH](https://endata.com/companies/41027.md) (target)
- [Cloos](https://endata.com/companies/41594.md) (target)
- [Dingpai Electromechanical](https://endata.com/companies/41595.md) (acquirer)
- [Pairester](https://endata.com/companies/41596.md) (investor)
- [CRCI](https://endata.com/companies/41768.md) (acquirer)
- [Carl Cloos Schweitechnik](https://endata.com/companies/41769.md) (target)

## Sources

- [orrick.com](https://www.orrick.com/en/news/2019/08/orrick-advises-chinese-estun-group-and-crci-on-acquisition-of-german-company-cloos), 2019-08-01: "Orrick has advised Estun Automation and China Renaissance Capital Investment (CRCI) on the acquisition of Carl Cloos Schweißtechnik GmbH"
- [in.marketscreener.com](https://in.marketscreener.com/quote/stock/ESTUN-AUTOMATION-CO-LTD-26390928/news/China-Renaissance-Capital-Investment-and-Estun-Automation-Co-Ltd-proposed-to-acquire-Carl-Cloos-Sc-34173772/), 2019-08-24: "China Renaissance Capital Investment and Estun Automation Co., Ltd proposed to acquire Carl Cloos Schweißtechnik GmbH for approximately €200 million"
- [finance.sina.cn](https://finance.sina.cn/2019-08-26/detail-ihytcitn1993075.d.html?vt=4), 2019-08-26: "德国 SPV 拟以现金方式出资1.9607 亿欧元收购 Cloos的 100%股权并承担锁箱机制下所需支付的利息以及相关中介费用。"
- [jasolar.ainet.cn](https://jasolar.ainet.cn/znw/_01-ABC00000000000288115.shtml), 2019-08-27: "本次收购是埃斯顿自动化继英国TRIO，德国M.A.i之后的又一次重要并购"
- [finance.sina.cn](https://finance.sina.cn/2019-09-01/detail-iicezueu2666662.d.html?vt=4&wm=3049_0032), 2019-09-01: "此次收购克鲁斯集团是实现我们成为世界领先的机器人公司的全球愿景的重要战略决策。"

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