[Market Focus] Now Robotics Acquires Robot Supplier for Samsung and Hyundai Mobis... Establishes Humanoid Mass Production Line

Shares of Now Robotics, a company specializing in intelligent robots, are surging. The news that Now Robotics will acquire Hanyang Robotics, which has nearly 30 years of experience and over 3,000 domestic and international clients including Samsung Electronics, LG Electronics, Hyundai Mobis, Kia, and POSCO, appears to be driving the stock price higher.

As of 9:16 a.m. on January 15, shares of Now Robotics are trading at 28,300 won, up 17.43% from the previous trading day.

On this day, Now Robotics announced that it had signed a share purchase agreement (SPA) to acquire a stake in Hanyang Robotics, a company specializing in robotics and automation. Now Robotics will acquire a 93.37% stake (representing 99.88% of voting rights) for approximately 7.5 billion won. This is a strategic acquisition aimed at strengthening the overall competitiveness of Now Robotics' robotics business and executing its mid- to long-term growth strategy.

Now Robotics will secure the business foundation of Hanyang Robotics, which generates annual sales of about 20 billion won. Through the acquisition, Hanyang's accumulated manufacturing infrastructure and know-how will be fully integrated with Now Robotics' advanced robotics technology.

By securing a large-scale production plant of approximately 16,500 square meters that can be utilized immediately, Now Robotics will establish a production system capable of responding quickly and reliably to rising global demand for robots and large-scale project orders, in addition to its second plant currently under construction. The company has also laid the groundwork to effectively expand mass production of its current industrial and logistics robots, as well as to build future mass production lines for industrial humanoid robots under development.

Through this acquisition, Now Robotics plans to strategically leverage Hanyang Robotics' key overseas bases in the United States, Mexico, and Southeast Asia to further strengthen its global customer response capabilities and to actively build a business foundation for overseas market expansion.

After the acquisition process is completed, the company will maximize efficiency across production, sales, technology, and operations through phased mergers and organizational integration. Now Robotics aims to become a key player reshaping the domestic take-out robot market and to enter a full-fledged growth phase as a global robotics company, based on a business portfolio that encompasses industrial robots (multi-joint, SCARA), AMRs, and humanoid robots.

Previously, Now Robotics raised funds for future growth by issuing 33 billion won in bearer, non-guaranteed private convertible bonds (CB).

This content was produced with the assistance of AI translation services.