Doosan Robotics to buy 89.6% of US-based Onexia for 35.6B won

Doosan Robotics to buy 89.6% of US-based Onexia for 35.6B won

Doosan Robotics, a leading South Korean robotics company, has announced its intention to acquire a majority stake in US-based Onexia, a prominent player in the robotics industry. The acquisition is set to cost 35.6 billion won (approximately 29.5 million USD), as disclosed in a recent press release. This strategic move aims to strengthen Doosan Robotics' position in the global robotics market and expand its technological capabilities.

According to the announcement, Doosan Robotics will purchase 89.6% of Onexia's shares, giving it a significant controlling interest in the company. The acquisition will allow Doosan Robotics to leverage Onexia's innovative technologies and expertise in robotics, particularly in the areas of automation and AI. This move comes at a time when both companies are experiencing growth in their respective markets, driven by increasing demand for automation solutions across various industries.

The acquisition is expected to be completed in the second half of 2025, subject to regulatory approvals and other necessary conditions. The integration of Onexia's technology and talent into Doosan Robotics' operations is anticipated to enhance the latter's competitive edge and drive future growth. This strategic partnership is a testament to the growing importance of robotics and automation in the global economy.

Doosan Robotics' recent financial performance has been robust, with the company reporting a Q2 operating profit of 8.3 billion won, a significant improvement over the previous year. This strong financial position underscores the company's ability to undertake strategic acquisitions and investments, such as the Onexia deal, to drive long-term growth and innovation [1].

In conclusion, the acquisition of Onexia by Doosan Robotics is a strategic move that aligns with the latter's goal of expanding its global footprint and enhancing its technological capabilities. The deal is expected to bring significant benefits to both companies and the broader robotics industry. As the integration progresses, investors and industry observers will be closely watching the outcomes and potential synergies that emerge from this strategic partnership.

References:
[1] Reuters. (2025). RFHIC Corp: Q2 operating profit 8.3 billion won, swings to profit from year earlier. Retrieved from https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3TP03O:0-rfhic-corp-q2-operating-profit-8-3-billion-won-swings-to-profit-from-year-earlier/