NewsJan 19, 2022
Yaskawa Electric Corporation (“Yaskawa Electric” Representative Director, President: Hiroshi Ogasawara) announces that on January 19, 2022, it acquired additional shares of Doolim-Yaskawa Co., Ltd. (“Doolim-Yaskawa” CEO: Park Sang-Beak), a Korean robotic painting and sealing system integrator through Yaskawa Electric Korea Corporation (“Yaskawa Korea” representative director: Albert Shiina), a consolidated subsidiary of Yaskawa Electric.
In 2016, Yaskawa Korea acquired a share of Doolim Robotics, one of Korea’s leading manufacturers of painting and sealing robot systems. As a result of this acquisition, Yaskawa Electric and Yaskawa Korea have been working to establish a business in the robotic painting and sealing system market by leveraging synergies with Doolim-Yaskawa. We have achieved a certain level of results so far, and in anticipation of further achievements, we have acquired additional shares.
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(1) Corporation name |
Yaskawa Electric Korea Corporation |
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(2) Head Office |
18th floor KTB Bldg, 66, Yeoui-daero, Yeongdeungpo-gu, Seoul, Republic of Korea |
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(3) Management |
Chairman of the board: Akinori Urakawa Representative director: Albert Shiina |
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(4) Business Contents |
Sales of electrical machine, device and others |
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(5) Capital |
47.6 billion won (as of February 2021) |
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(6) Net Sales |
218 billion won (as of February 2021) |
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(7) Founded |
October 1994 |
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(1) Corporate name |
Doolim-Yaskawa Co., Ltd. |
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(2) Head office |
8th floor, 112, LS-ro, Dongan-gu, Anyang-si, Gyeonggi-do, Repblic of Korea |
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(3) Management |
CEO: Park Sang-Beak |
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(4) Business contents |
Designing, manufacturing and sales of robotic painting/sealing systems |
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(5) Capital |
632 million won (as of December 2020) |
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(6) Net sales |
87.2 billion won (as of December 2020) |
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(7) Founded |
February 1993 |
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