Strategic expansion for sustainable growth

HAIGER/NANJING, August 2019 – CLOOS joins forces with automation specialist Estun Automation Co. Ltd. By establishing a partnership with the Estun Group, CLOOS has found the perfect strategic partner for the expansion of its welding and robotics portfolio, thus ensuring sustainable growth. With the acquisition of CLOOS, the Estun Group aspires to become a world-leading robotics company.

"The transaction secures and stabilises our growth path," explains CLOOS Managing Director Sieghard Thomas. "In everything we do, the sustainable, economic success of our customers is always at the centre of our activities. Robotics is currently making its way into many industrial sectors, resulting in ever faster innovations, higher investment sums and shorter life cycles, and the need to compensate for this through economies of scale and market penetration. We are at the dawn of a new era in digitisation and we are preparing for it with foresight."

We are looking forward to welcoming the talented employees and management of CLOOS – the foundation of this long-standing business – to the Estun Group family," says Bob Wu, Chairman of Estun. We share CLOOS’ truly customer-centric approach and believe that the joint development will bring new, forward-looking technologies and innovative solutions to market in a more dynamic and faster way."

"The future of Cloos Schweißtechnik is very close to the hearts of the shareholders and the entire Cloos family," emphasises Carl-Eberhard Cloos, Managing Partner of the Cloos Group. "We are delighted that we have found the perfect partner in Estun: a family business that shares our values and the demands we place on product and quality goals and with which CLOOS will continue to develop significantly."

The management of Carl Cloos Schweißtechnik will continue to be independently managed by Sieghard Thomas and Haiger will remain the headquarters of the CLOOS Group. The current management team and all the staff as well as the foreign subsidiaries will remain unchanged.