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Futronic

Futronic

Robotics · Automotive Components · Industrial Automation

Acquisition

Blackstone acquires controlling stake in Korea's actuator maker Futronic

July 20, 2026

Deal Value

$676M

The deal signals private equity chasing the physical hardware layer behind humanoid robots, not just the AI software on top.

  • Blackstone has agreed to acquire a controlling stake in South Korean actuator and motion-control maker Futronic, in a deal reportedly valuing the company at about $676M.
  • Founded in 1993, Futronic supplies high-precision actuators to global automotive OEMs and is expanding into humanoid and general-purpose robotics.
  • Founder Ko Jin-ho will remain chairman and CEO and retain a significant stake as the company's second-largest shareholder after the transaction.
  • Local reports peg the deal at roughly KRW 1 trillion, translating to about $676M-$720M, though Blackstone has not officially disclosed financial terms.
  • Futronic, based in Busan with additional operations in the US, is one of several recent Blackstone bets in Korea alongside Juno Hair and Geo-Young.
  • The deal shows Blackstone extending its AI investment thesis from software and data centers into the physical motion-control components that power humanoid robots and factory automation.
  • Blackstone plans to use its scale and operating expertise to help Futronic expand internationally and build out production and technology infrastructure for automotive and robotics clients.

Lead Investors

Blackstone

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