# Estun acquires German welding robot maker Cloos for €204M

Estun Automation (002747) acquired Cloos Holding GmbH & Co. KG, a German welding robot manufacturer, for €203.96 million. The deal closed in October 2019, and Estun plans to establish a laser welding and 3D metal printing R&D center in Nanjing.

- Type: Acquisition
- Announced: 2020-04-15
- Where: Germany
- Value: $222.0M (204.0M EUR)
- Status: completed
- Products: welding robots, laser welding systems, 3D metal printing systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Estun Automation](https://endata.com/companies/16775.md) (acquirer)
- [Cloos](https://endata.com/companies/41594.md) (target)

## Sources

- [laserfair.com](https://www.laserfair.com/peitao/202004/15/63973.html), 2020-04-15: "埃斯顿（002747）宣布收购德国百年焊接机器人巨头Cloos引发外界高度关注。"

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