Acquiring Company
Midea
Acquired Company
Residentia Group
China
MelbourneManufacturingEnergyHospitalityRenewable EnergyFashionRetailDescription
Midea Group plans to acquire a 60% stake in Residentia Group, a Melbourne-based distributor. This acquisition, primarily focused on home appliances, is currently under scrutiny by the ACCC. If approved, it will significantly impact the Australian appliance market, allowing Midea to increase its presence and offerings.
Who to call at Midea, and when
When Midea changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Midea raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Midea, from your own LinkedIn network
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Frequently asked
Who acquired Residentia Group?
Residentia Group was acquired by Midea, based in China. The deal was reported on July 7, 2026. Midea America Corp. is the U.S. subsidiary of Midea Group, a Fortune 500 global appliance leader with 166,000+ employees and a presence in over 200 countries. Midea is privately held and operates in Manufacturing.
When did Midea acquire Residentia Group?
Midea's acquisition of Residentia Group was reported on July 7, 2026. Midea Group plans to acquire a 60% stake in Residentia Group, a Melbourne-based distributor. This acquisition, primarily focused on home appliances, is currently under scrutiny by the ACCC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Residentia Group do?
Residentia Group is an Australian distributor that manages multiple house brands. Founded in 2014, it focuses on home appliances and operates under various brand names. The company recently acquired the Omega brand in 2023. It is privately held, operating in Fashion, and is based in Melbourne.
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