Robotics companies

KUKA

Makes industrial robots, automation cells and controller software for automotive, electronics, logistics and healthcare applications.

Headquarters

Augsburg, Germany

Founded

1898

Ownership

Owned by Midea

Latest deal

Midea takes all remaining shares

Nov 8, 2022

Is KUKA a public company?

No. KUKA is owned by Midea. In November 2022 a Midea holding company took over the shares of all remaining minority shareholders, who received €80.77 per share in cash.

Source: KUKA (press release), Nov 8, 2022 · KUKA (press release), Nov 23, 2021

What KUKA does

KUKA was founded in Augsburg, Germany, in 1898 and is still headquartered there. KUKA says its group has about 14,500 employees, €3.9 billion in sales and operations in more than 50 countries.

KUKA's portfolio covers industrial automation, intralogistics and warehouse automation. It lists industrial robots, autonomous mobile robots, production machines and software as its product groups.

In production, KUKA's industrial robot families range from collaborative arms with 3 to 15 kg payload (LBR iisy) to heavy-duty arms. KUKA lists KR QUANTEC applications including welding, palletizing, laser cutting, quality inspection and coating.

For material flow, KUKA offers autonomous mobile robots, including top-loading transport platforms and robotic forklifts, plus fleet management software that coordinates transport jobs. KUKA says its robots navigate with SLAM mapping.

Products

KR QUANTEC

A series of 6-axis industrial robots with payloads of 120 to 300 kg, used for handling, welding, palletizing and machining, according to KUKA.

LBR iisy

A collaborative robot with joint torque sensors in every axis and payloads of 3 to 15 kg, used for machine tending, assembly and material handling, according to KUKA.

Autonomous mobile robots (KMP series)

Mobile transport robots that navigate with lidar, cameras and safety sensors, for intralogistics and material transport, according to KUKA.

Funding and ownership history

DateEventAmountValuationSource
Nov 8, 2022Midea takes over all remaining shares (squeeze-out)€80.77 per shareNot disclosedKUKA press release
Nov 23, 2021Midea announces plan to buy out remaining shareholdersNot disclosedNot disclosedKUKA press release
Jan 6, 2017Midea's takeover offer completes$5 billion offer valueNot disclosedLegal Monitor (press report)

Valuations marked "press report" come from the named outlet, not from KUKA.

Where KUKA is deployed

All deployments · Only projects with a named customer and a public source are listed.

KUKA in the digest

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Terms to know

Cobot · AMR · Bin picking

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