{"id":550127,"date":"2026-07-20T06:59:11","date_gmt":"2026-07-20T06:59:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/550127\/"},"modified":"2026-07-20T06:59:11","modified_gmt":"2026-07-20T06:59:11","slug":"blackstone-invests-in-south-korean-robotics-supplier-futronic","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/550127\/","title":{"rendered":"Blackstone invests in South Korean robotics supplier Futronic"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">July 20 (Reuters) &#8211; Blackstone has invested in Futronic, a supplier of high-precision \u200cactuators serving automotive and industrial \u200crobotics sectors, the world&#8217;s largest alternative asset manager \u200bsaid on Monday.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The deal values the South Korean firm at about 1 trillion won ($676.04 million), according to a person \u200cwith knowledge \u2060of the matter.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Blackstone and Futronic did not immediately respond to requests \u2060for comment.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Here are a few details:  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">\u2022 Blackstone said that private equity funds affiliated \u200bwith the \u200balternative investment \u200bfirm have entered \u200cinto a definitive agreement to make a significant investment in Futronic.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">\u2022 Futronic&#8217;s founder Jin-ho Ko will remain in his role as chairman and chief executive officer \u200cand work with \u200bBlackstone to accelerate the \u200bcompany&#8217;s global \u200bgrowth and end-market expansion.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">\u2022 Blackstone &#8220;will \u200chelp drive our expansion \u200band solidify \u200bour leadership in actuation and motion control solutions,&#8221; the founder said.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">($1 = 1,479.2000 \u200bwon)  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">(Reporting \u200cby Sumedha Mukherjee in Bengaluru and \u200bKane Wu in Hong Kong; Editing \u200bby Sonia Cheema)  <\/p>\n","protected":false},"excerpt":{"rendered":"July 20 (Reuters) &#8211; Blackstone has invested in Futronic, a supplier of high-precision \u200cactuators serving automotive and industrial&hellip;\n","protected":false},"author":2,"featured_media":550128,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[249952,183717,58857,114,249950,85,237251,46,249951],"class_list":["post-550127","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-alternative-asset-manager","tag-alternative-investment","tag-blackstone","tag-business","tag-futronic","tag-il","tag-industrial-robotics","tag-israel","tag-south-korean-firm"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/550127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=550127"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/550127\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/550128"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=550127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=550127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=550127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}