Analysis of the Motivation and Performance of Midea Group's Merge and Acquisition of German KUKA

DOI

10.2991/978-94-6239-801-6_78How to use a DOI?

Keywords

Merge and Acquisition; Midea; KUKA

Abstract

With the transformation of global manufacturing industry to intelligence and the strategy of “Made in China 2025”, cross-border merge and acquisition (M&A) has become an important way for Chinese enterprises to acquire core technologies and realize industrial upgrading. This paper takes Midea Group’s M&A of KUKA, Germany as the research object, focusing on the motivation and performance of M&A. It is found that the core motivation of Midea’s acquisition of KUKA is to acquire the core technology of industrial robots and realize the strategic transformation of “intelligent manufacturing”, and the complementarity between the two sides in technology, market and supply chain lays the foundation for synergy. After the merger, Midea achieved significant scale expansion, with revenue and net profit increasing by 102.7% and 80.8% respectively, and the compound annual growth rate of R&D investment reached 14.5%, and the financial risk management and control achieved remarkable results. Compared with Haier Smart Home Co., Ltd (Haier). and Gree Electric Appliances (Gree), Midea’s profitability and anti-risk ability are stronger after the merger. This study provides a practical reference for cross-border M&A of traditional manufacturing enterprises in China.

Copyright

© 2026 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Yi Wei
PY  - 2026
DA  - 2026/10/23
TI  - Analysis of the Motivation and Performance of Midea Group's Merge and Acquisition of German KUKA
BT  - Proceedings of the 2026 2nd International Conference on Financial Innovation and Marketing Management (FIMM 2026)
PB  - Atlantis Press
SP  - 747
EP  - 754
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-801-6_78
DO  - 10.2991/978-94-6239-801-6_78
ID  - Wei2026
ER  -