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Midea Group acquires majority stake in Esaote

PUBLIC · MGCLYOct 09, 2026

Acquiring Company

Midea Group

Acquired Company

Esaote Group

FoshanGenoaManufacturingInformation TechnologyBiotechnologyHealth CareArtificial IntelligenceMedicalMedical DeviceImage RecognitionHealth Diagnosticsmedical devices

Description

Midea Group has successfully acquired a majority stake in Esaote S.p.A., a leader in medical imaging. The acquisition aims to enhance synergies between Esaote and Midea's healthcare division, boosting competitiveness in international markets. Esaote will continue as an independent entity while benefiting from Midea's investment in research and development.

Company Information

Company

Midea Group

Location

Foshan, Guangdong, China

About

Midea Group is a global technology company focused on providing advanced and sustainable heating solutions. The company aims to improve energy efficiency for heating and cooling in European buildings and households. Midea offers a series of R290 products and innovative features to help reduce energy consumption significantly. Their solutions include heat pumps, water heaters, and smart energy management systems.

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Frequently asked

Who acquired Esaote Group?

Esaote Group was acquired by Midea Group, based in Foshan. The deal was reported on October 9, 2026. Midea Group is a global technology company focused on providing advanced and sustainable heating solutions. The company aims to improve energy efficiency for heating and cooling in European buildings and households. Midea Group is publicly traded (MGCLY) and operates in Manufacturing.

When did Midea Group acquire Esaote Group?

Midea Group's acquisition of Esaote Group was reported on October 9, 2026. Midea Group has successfully acquired a majority stake in Esaote S.p.A., a leader in medical imaging. The acquisition aims to enhance synergies between Esaote and Midea's healthcare division, boosting competitiveness in international markets. 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.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.