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Home»Alternative Investments»Blackstone acquires controlling stake in Korea’s Futronic for $720 mn to foster humanoid robotics
Alternative Investments

Blackstone acquires controlling stake in Korea’s Futronic for $720 mn to foster humanoid robotics

By CharlotteJuly 20, 20261 Min Read
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US private equity firm Blackstone Inc. has agreed to acquire a controlling stake in South Korean actuator maker Futronic Co., betting its automotive technology can be adapted for the fast-growing humanoid robotics market while retaining Futronic founder Ko Jinho as chief executive.



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MemeToro Announces $80,178 Raised During Stage 4 Public Presale

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