Augsburg/Foshan, November 23 2021 – KUKA and its majority owner, the Midea Group, have defined a joint growth vision. This way, both companies are laying the foundation for a leading role in global robot-based automation by 2025 and beyond.

5 days ago · On November 23, 2021, Midea Group announced again that it intends to fully acquire the remaining equity of KUKA through its wholly-owned subsidiary Guangdong Midea Electric Co., Ltd. Delisting from Frankfurt Exchange.

Midea Group completed its acquisition of KUKA, a worlds’ leading supplier of robotics and automation solutions, in December 2016. The mission of KUKA is to improve capabilities through intelligent automation, and boost the effectiveness of …

Nov 23, 2021 · Midea submits formal request for transfer of the shares of the minority shareholders of KUKA AG (Squeeze-Out), confirms the existing Investment Agreement and agrees to a plan for long-term growth with KUKA AG. Midea Group Co., Ltd. holds, indirectly through its subsidiaries Guangdong Midea Electric Co., Ltd., Midea Electric Netherlands (I) B.V ...

(Yicai Global) March 28 -- Chinese home appliances giant Midea Group said it plans to spend about EUR151 million (USD165 million) to fully acquire Kuka before delisting the leading German industrial robots maker.

KUKA is one of the world’s leading suppliers of intelligent robot-based automation solutions, with products ranging from single source robots and cells to fully automated systems. KUKA, a German-based company symbolic of Industry 4.0, joined the Midea Group in 2016.

KUKA is a global leader in intelligent automation solutions and a symbol of Germany’s Industry 4.0. It became part of Midea Group in 2016. KUKA is committed to providing one-stop solutions—from industrial robots to fully automated systems—for a wide range of sectors including automotive, e-commerce, consumer goods, logistics, aerospace, and healthcare.

Nov 24, 2021 · Chinese appliance maker Midea Group announced on November 23 that it planned to acquire the remaining five percent of KUKA AG from minority shareholders. KUKA will become a wholly-owned subsidiary and delist from the German bourse, though there are some complicated legal procedures ahead.

Jul 20, 2016 · Combined with what they already owned, Midea now has 85.69% ownership of KUKA. On July 21, through August 3, Midea announced another tender offer – with the same valuation and share price – to acquire as many more of the shares as possible.

(Yicai) March 18 -- As Midea Group debuted its prototype humanoid robot at a media event yesterday, its chief technology officer told Yicai that the Chinese firm recently established an innovation center to drive research and development in the field. ... who is also a vice president at the Foshan-based company, which acquired Germany's Kuka ...