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Midea Group completes Esaote majority stake

PRIVATEOct 21, 2026

Acquiring Company

Midea

Acquired Company

Esaote Group

ParsippanyGenoaManufacturingEnergyHospitalityRenewable EnergyInformation TechnologyBiotechnologyHealth CareArtificial IntelligenceMedicalMedical DeviceImage RecognitionHealth Diagnosticsmedical devices

Description

Midea Group has completed the acquisition of a majority stake in Esaote S.p.A., a medical imaging company based in Genoa, Italy. Esaote will join Midea Healthcare and continue operating as an independent global medical equipment company under CEO Franco Fontana. The deal aims to create synergies between Esaote and Midea Healthcare Division to boost international competitiveness.

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Company Information

Company

Midea

Location

Parsippany, New Jersey, United States

About

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. Headquartered in Parsippany, N.J., with an innovation hub in Kentucky, Midea America delivers smart, reliable, and affordable home appliances—from kitchen and laundry to air conditioning and floor care—designed to make everyday life easier.

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Frequently asked

Who acquired Esaote Group?

Esaote Group was acquired by Midea, based in Parsippany. The deal was reported on October 21, 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 Esaote Group?

Midea's acquisition of Esaote Group was reported on October 21, 2026. Midea Group has completed the acquisition of a majority stake in Esaote S.p.A., a medical imaging company based in Genoa, Italy. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Esaote Group do?

Esaote Group is a leading Italian innovator in medical imaging, specializing in ultrasound, dedicated magnetic resonance, and medical IT solutions. It is privately held, operating in Information Technology, and is based in Genoa.

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