Blackstone invests in South Korean robotics supplier Futronic

Reuters

Mon, July 20, 2026 astatine 1:05 AM CDT 1 min read

July 20 (Reuters) - Blackstone has invested successful Futronic, a supplier of high-precision ‌actuators serving automotive and concern ‌robotics sectors, the world's largest alternate plus manager ​said connected Monday.

The woody values the South Korean steadfast astatine astir 1 trillion won ($676.04 million), according to a idiosyncratic ‌with cognition ⁠of the matter.

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

Here are a fewer details:

• Blackstone said that backstage equity funds affiliated ​with the ​alternative concern ​firm person entered ‌into a definitive statement to marque a important concern successful Futronic.

• Futronic's laminitis Jin-ho Ko volition stay successful his relation arsenic president and main enforcement serviceman ‌and enactment with ​Blackstone to accelerate the ​company's planetary ​growth and end-market expansion.

• Blackstone "will ‌help thrust our enlargement ​and solidify ​our enactment successful actuation and question power solutions," the laminitis said.

($1 = 1,479.2000 ​won)

(Reporting ‌by Sumedha Mukherjee successful Bengaluru and ​Kane Wu successful Hong Kong; Editing ​by Sonia Cheema)