Anzeige

Over $19 billion paid to acquire 50 robotics companies in 2016

A year full of acquisitions

2016 was a banner year for acquisitions of companies involved in robotics and automation: 50 sold; eleven for amounts over $500 million; five were over a billion. 30 of the 50 companies disclosed transaction amounts which totaled up to a colossal $18.867 billion.

 (Bild: The Robot Report)

(Bild: The Robot Report)

Chinese money was involved in over 47 percent of those acquisitions: Kuka by Midea, Dematic by Kion, Kraussmaffei by Chemchina, Paslin by Wenfang, Gimatic by Agic Capital, Ecoclean by SBS Group to name the top ones.

The three biggest Acquisitions with transaction amounts

  • • Kuka acquired by Midea Group with a transaction amount of $5,11 billion: In a complex stock play over the course of many months, Chinese consumer products manufacturer Midea Group acquired over 94 percent of the outstanding and privately held shares of Kuka, a Germany-based robot manufacturers and one of the Big Four of international robot makers. The approval process involved negotiations with the German and US governments, the selling off of Kuka Aero (which is involved in sensitive aerospace technologies) to AIT, and an agreement regarding jobs and plants in Germany which will be protected until the end of 2023. Also Midea agreed not to pursue a domination agreement or de-listing of Kuka’s shares.
  • • Dematic aquired by Kion Group with a transaction amount of $2,1 billion: The Kion Group, with funding from their Chinese partner, acquired Dematic. Kion’s biggest single shareholder is Chinese diesel-engine maker Weichai Power with a 38.3 percent stake. Kion has been on a tear acquiring all sorts of companies in the logistics sphere: Egemin, Linde, Retrotech and now Dematic.
  • • Intelligrated acquired by Honeywell with a transaction amount of $1,5 billion: Honeywell’s material handling solutions are somewhat old school, hence their need to strategically acquire newer technology. Intelligrated has been a successful integrator of mobile and stationary robotic solutions and systems for 20+ years for manufacturing, warehousing and distribution material handling and automated storage and retrieval. In recent years the company has posted double-digit year-over-year growth. Intelligrated brings a large IP portfolio of warehouse automation, order fulfillment and software solutions and has an extensive presence in North American e-commerce and the retail, and food and beverage markets.

Why all the acquisitions?

A push by some of the world’s largest corporations to find new avenues to expand in the face of anemic or problematic economic growth led to major acquisitions in areas adjacent to their core business. „Companies are reinventing themselves, looking at their business in a new way with regards to how can they be a disrupter, and how they can prevent being disrupted – and this opens up deal flow“ said Chris Ventresca, global co-head of M&A at JPMorgan Chase & Co. Enrico Krog Iversen, who sold Danish Universal Robots to American Teradyne in 2015, when asked why his company didn’t go public, said: „Exiting to a larger company will often make sense not only for financial reasons, but also for people reasons – opening up for new/more career opportunities. You will become part of something bigger and can instantly get access to additional resources. Naturally there are also some political considerations if you choose this path. You will probably get access to a very strong board who can help you develop the company faster. An IPO may bring more money on paper, but it is a very restricted way to exit and it is also very bureaucratic to run a listed company. In our case, I preferred to have a good sum of money in the bank instead of a lot of money on paper. Also I did not personally fancy all the bureaucracy and politics that goes with being CEO of a listed company.“

Over $19 billion paid to acquire 50 robotics companies in 2016
Bild: The Robot Report


Empfehlungen der Redaktion

Das könnte Sie auch interessieren

Sie hatte es tatsächlich gesagt, die Bundeskanzlerin. Angela Merkel monierte schon 2016, dass ausländische - konkret: chinesische - Unternehmen sich Hochtechnologie 'Made in Germany' einverleiben. Aber da waren bereits mehrere Kinder in diverse Brunnen gefallen, wenn dieses Bild erlaubt ist. Beim Augsburger Roboter- und Anlagenbauer Kuka könnte es bald richtig knallen.‣ weiterlesen

Anzeige

Anfang Februar begrüßte das Fraunhofer-Institut für Produktionstechnik und Automatisierung IPA Fach- und Führungskräfte aus der Logistik und Materialflussplanung, dem Einzel- und Versandhandel, Anlagenhersteller sowie Systemintegratoren zum Technologieseminar Roboter im Warenlager.‣ weiterlesen

Anzeige

Laut VDMA hat sich der Umsatz der deutschen Bildverarbeitungsindustrie in den letzten zehn Jahren verdoppelt. Ein guter Anlass für die 33. Ausgabe der Messe Control, die Fläche zu erweitern. Die neu hinzugekommene Halle 8 soll künftig die zentrale Plattform für QS-Systeme, QS-Software und QS-Services werden.‣ weiterlesen

Die diesjährige Hannover Messe wartet unter dem Motto 'Integrated Industry - Industrial Intelligence' in diesem Jahr verstärkt mit den Themen Vernetzung von Mensch und Maschine sowie künstliche Intelligenz auf. Neben Neuheiten von zahlreichen Herstellern aus den Bereichen Industrieautomation und IT informiert auch ein Robotikkongress über die neusten Trends auf den Gebieten MRK, Safety, Sensorik und Vision.‣ weiterlesen

Kleine und mittlere Unternehmen können häufig keine großen Budgets für die Automatisierung ihrer Fertigung einplanen. Kostengünstige Scara-Roboter bieten hier eine Alternative und ermöglichen kurze Amortisationszeiten. Aufgrund von integrierter Steuerung, intuitiver Bedienung und schneller Umrüstbarkeit sind sie zudem sehr flexibel einsetzbar.‣ weiterlesen

Bei dem Industrierobotertyp Scara handelt es sich um einen horizontalen Gelenkarmroboter. Diese Kinematik ist vor allem für ihre schnellen und wiederholgenauen Bewegungen bekannt und eignet sich daher in erster Linie für Pick&Place-Anwendungen sowie kleinere Montage- und Fügeaufgaben.‣ weiterlesen

Anzeige
Anzeige
Anzeige
Anzeige
Anzeige
Anzeige