KUKA and Midea set 2025 growth plan and launch squeeze-out process

Nov 23, 2021 · Market Signal · KUKA · Industrial

KUKA company media
Company media · KUKA
  • KUKA and Midea presented a growth plan targeting stronger revenue and market share through 2025.
  • Midea initiated a squeeze-out process intended to take KUKA private under its long-term ownership.

Industrial robotics and automation supplier; KUKA robot arms are used across manufacturing and construction automation applications.