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Estun Automation to acquire German welding robot maker Cloos · Endata

◂ Announcements

Automation and Roboticsworld trade 2024+4.2% 5Y CAGR

Aug 25, 2019ACQUISITIONGermany

Estun Automation to acquire German welding robot maker Cloos

Nanjing Estun Automation announced it will invest 283 million yuan (part of a total 551 million yuan) to acquire 100% of German welding robot manufacturer Carl Cloos Schweißtechnik GmbH for 196 million euros through a joint venture with its controlling shareholder.

Value

$217.0M (196.0M EUR)

Status

Announced

Productswelding robots

CompaniesNanjing Estun Automation Co., Ltd. acquirer Carl Cloos Schweißtechnik GmbH target Nanjing Pairester Technology investor

Sectors#Automation and Robotics

“本次收购将为公司占领机器人产业细分行业高点，获得国际一流焊接机器人顶尖技术，巩固机器人国产领先品牌市场地位奠定坚实基础。”yzweekly.com

1 source
yzweekly.com南京埃斯顿拟收购德国焊接机器人领军企业_压铸周刊—有决策价值的压铸资讯Aug 27, 2019

Summarized from public sources; check the original articles before acting on it.

More from Nanjing Estun Automation Co., Ltd.

Aug 20, 2021EXPANSIONGuangdong Province, China
Chinese industrial robot makers ramp up production capacity
Nanjing Estun Automation Co., Ltd.nikkei.com
Aug 16, 2021INVESTMENTSanlongwan, Shunde, Foshan, China$61.7M
Estun Automation to build South China industrial base in Shunde with 400M yuan investment
Nanjing Estun Automation Co., Ltd.Cloos partner foshannews.net
Jul 27, 2020PARTNERSHIPChina
Estun Automation and Hongyashuma sign strategic partnership
Nanjing Estun Automation Co., Ltd. partner Guangzhou Hongyashuma partner paper.cnstock.com
Oct 20, 2017ACQUISITIONGermany$10.4M
Nanjing Estun in talks to acquire 50.01% of German M.A.i for EUR 8.87M
Nanjing Estun Automation Co., Ltd. acquirer M.A.i target ecns.cn
Apr 12, 2017ACQUISITIONDelaware, United States$9.00M
Estun Technology acquires 30% stake in Barrett Technology for $9M
Nanjing Estun Automation Co., Ltd.Barrett Technology target m.cngold.org
Feb 15, 2017NEW FACILITYJingmen High-tech Zone, Hubei, China$72.5M
Estun Automation starts construction of robot production base in Jingmen, China
Estun (Hubei) Robot Engineering Co., Ltd.Nanjing Estun Automation Co., Ltd. investor yzweekly.com

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