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EU approves Midea's acquisition of German robotics company KUKA · Endata

◂ Announcements

Automation and Roboticsworld trade 2024+4.2% 5Y CAGR

Jan 15, 2024ACQUISITIONAugsburg, Germany, Germany

EU approves Midea's acquisition of German robotics company KUKA

The European Commission approved Midea Group's acquisition of KUKA, a German industrial robot manufacturer. Midea ultimately held a 94.55% stake in KUKA after the acquisition.

Status

Completed

Productsindustrial robotsautomation equipmentautomation control systems

CompaniesMidea acquirer KUKA target

Sectors#Automation and Robotics

“The official website of the European Commission shows that on October 13, local time, the European Commission has approved China Midea Group Co., Ltd.'s acquisition of German KUKA Co., Ltd. in accordance with EU merger regulations.”haythink.com

1 source
haythink.comEU Approves Chinese Appliance Giant Midea Acquisition Of German KUKA - Global Leading Information Platform For Advanced Materials And TechnologiesJan 15, 2024

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

More from Midea

Nov 4, 2026NEW FACILITYFeltre, Italy, Italy
Clivet and Midea open new heat pump factory in Feltre, Italy
Clivet Midea partner heatpumpnews.uk
Nov 30, 2023CONTRACTSantiago, Chile, Chile
Midea to supply HVAC system for Cruzados' new stadium in Chile
Midea supplier Cruzados customer cruzados.cl
Sep 28, 2023NEW FACILITYBrazilops Q3 2024
Midea Carrier to build new factory in Brazil
Midea Carrier Midea investor china2brazil.com.br
May 30, 2023EXPANSIONGuangdong, China$2.80Mops 30 May 2023
Midea's Kuka robot factory Phase 2 starts production in Guangdong, China
Midea KUKA partner stock.hexun.com
May 30, 2023EXPANSIONFoshan, Guangdong, China, China$113.0Mops 30 May 2023
Midea Kuka smart manufacturing park fully operational in Foshan
Midea KUKA beareyes.com.cn
May 7, 2023NEW FACILITYMilan and Feltre, Italy300 jobsops 2024
Clivet opens European hub in Milan and plans new heat pump factory in Feltre
Clivet Midea partner coolingpost.com

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