KDB and KY PE to acquire a 9.1% stake in HD Hyundai Robotics for KRW180bn.

KDB and KY PE, private equity firms, agreed to acquire a 9.1% stake in HD Hyundai Robotics, a manufacturer of industrial and collaborative robots, for KRW180bn. “This investment will be an important opportunity to secure the company’s future driving force and become competitive in the global market. We plan to lead innovation in the industrial field centered on AI-based next-generation robot solutions and strengthen our conquest of domestic and international markets,” Kim Wan-soo, HD Hyundai Robotics CEO.