# Hanwha Corporation acquires collaborative robot business from Hanwha Precision Machinery

Hanwha Corporation announced it will acquire the collaborative robot business from Hanwha Precision Machinery to ensure sustainable growth and create synergy with its logistics center, secondary battery, and display equipment businesses.

- Type: Acquisition
- Announced: 2020-08-13
- Where: South Korea
- Status: announced
- Products: collaborative robots
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Hanwha](https://endata.com/companies/8471.md) (acquirer)
- [Hanwha Precision Machinery](https://endata.com/companies/19169.md) (target)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2020081315300782957), 2020-08-13: "We plan to create synergy by advancing the logistics center, secondary battery, and display-related equipment currently supplied using the robotics technology of the collaborative robot business."

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