Chinese global home appliances and industrial technology conglomerate; majority shareholder of KUKA AG since 2016.
Midea Group is a Chinese multinational corporation headquartered in Foshan, Guangdong, founded in 1968. Originally a consumer appliances manufacturer, Midea has expanded into industrial automation and robotics through its majority acquisition of KUKA AG, the German industrial robotics leader, completed in 2016-2017 for approximately €4.5 billion — the largest ever Chinese overseas acquisition at the time. Midea now holds approximately 95% of KUKA's shares.
The company operates across HVAC systems, home appliances, robotics, and industrial automation. Midea is publicly listed on the Shenzhen Stock Exchange and generates over $40 billion in annual revenue with operations in more than 200 countries. Their robotics strategy integrates KUKA's automation capabilities with Midea's smart manufacturing operations.
Primary type & automation activities this supplier delivers:
Contact Midea Group
WEBSITE
https://www.midea.comPHONE
+86 757 2633 8888HEADQUARTERS
China
Company Facts
Founded
1968
Primary Role
Manufacturer
Company Size
-
Primary Region
Asia-Pacific
Annual Sales
-
Funding Stage
-
Funding Total
-