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FinanceBlackstone invests in South Korean robotics supplier Futronic at ~$676 mln valuation
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Blackstone, the world's largest alternative asset manager, has made a significant investment in Futronic, a South Korean supplier of high-precision actuators for the automotive and industrial robotics sectors. The deal values Futronic at approximately 1 trillion won ($676.04 million). Under the agreement, private equity funds affiliated with Blackstone will acquire a stake, while Futronic's founder Jin-ho Ko will remain chairman and CEO. Ko stated that Blackstone will help drive the company's global expansion and solidify its leadership in actuation and motion control solutions. The investment aims to accelerate Futronic's end-market growth internationally.
Source report
Reuters | Sun, July 19, 2026 at 11:05 PM PDT | 1 min read
July 20 (Reuters) – Blackstone, the world's largest alternative asset manager, announced on Monday that it has invested in Futronic, a South Korean supplier of high-precision actuators for the automotive and industrial robotics sectors.
According to a person familiar with the matter, the deal values Futronic at approximately 1 trillion won ($676.04 million).
Blackstone and Futronic did not immediately respond to requests for comment.
Key Details
- Blackstone stated that private equity funds affiliated with the firm have entered into a definitive agreement to make a significant investment in Futronic.
- Futronic's founder, Jin-ho Ko, will remain in his role as chairman and chief executive officer and will work with Blackstone to accelerate the company's global growth and end-market expansion.
- Ko said Blackstone "will help drive our expansion and solidify our leadership in actuation and motion control solutions."
($1 = 1,479.2000 won)
Reporting by Sumedha Mukherjee in Bengaluru and Kane Wu in Hong Kong Editing by Sonia Cheema
Source
Yahoo FinanceWestern
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Blackstone invests in South Korean robotics supplier Futronic