# HON Corp signs MOU to acquire 49% stake in a robotics company

HON Corp signed a non-binding memorandum of understanding with White Group Pte Ltd to acquire a 49% equity interest in a robotics company operating in China.

- Type: Acquisition
- Announced: 2020-12-09
- Where: China
- Status: rumored
- Products: robots
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [HON Corp](https://endata.com/companies/51731.md) (acquirer)
- [White Group Pte Ltd](https://endata.com/companies/51732.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/375641.html), 2020-12-09: "于2020年12月9日，该公司与White Group Pte Ltd订立不具法律约束力的谅解备忘录，内容有关收购一间于中国营运的机械人公司的49%股权。"

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