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Blackstone invests in South Korean robotics supplier Futronic

The Korea Herald
Blackstone invests in South Korean robotics supplier Futronic

Blackstone ​has invested in Futronic, a supplier of high-precision actuators ‌serving automotive and industrial robotics sectors, the world's largest alternative asset manager ‌said on Monday.

The deal values the South Korean firm at about ⁠1 trillion won ($676.04 million), according to a person with knowledge of the matter.

Blackstone and ⁠Futronic did not immediately respond to requests for comment.

Here ​are a few details: * Blackstone said ‌that private equity funds affiliated ‌with the ‌alt ...

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