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Midea Group / Esaote

Approved · Waiver · decided in 14 days, 21 May 2026

Industrial ManufacturingWA-05020ACCC register

Midea Imaging Technology (Shanghai) Co., Ltd. is acquiring 77.5% of the issued share capital of Esaote S.p.A., resulting in Midea Group Co., Ltd. owning 87.73%. This share acquisition involves medical diagnostic equipment, including ultrasound and MRI systems, and healthcare information technology.

Timeline

  1. 7 May 2026Filed with the ACCC
  2. 21 May 2026Notification waiver determination publishedPDF · 148.7 KB

Acquisition details

Midea Imaging Technology (Shanghai) Co., Ltd. (the Acquirer) proposes to indirectly acquire 77.5% of the issued share capital of Esaote S.p.A. (Esaote) (the Acquisition). The Acquisition will result in Midea Group Co., Ltd. (Midea) owning 87.73% of the issued share capital of Esaote. Midea is a global technology group organised into several divisions, including Smart Home, Industrial Technology, Intelligent Building Technology, Robotics & Automation, Energy Solutions, Healthcare and Smart Logistics, among others. The Acquisition concerns Midea’s Healthcare division, which Midea operates mainly through the Acquirer, and its listed affiliate Beijing Wandong Medical Technology Co., Ltd. (Wandong). Wandong supplies medical imaging products and services. It supplies magnetic resonance imaging (MRI), computed tomography, digital subtraction angiography, and digital radiography equipment, primarily in mainland China. The Acquirer also owns the business of Carestream Healthcare International Company Limited (Carestream). Carestream is a worldwide provider of medical imaging systems; X-ray imaging systems for non-destructive testing; and printing and film products. Esaote is an international medical technology group that operates in the field of medical diagnostic equipment, primarily ultrasound systems, open and dedicated MRI systems designed for musculoskeletal and extremity imaging, and healthcare information technology.

Parties

Acquirer
Midea Imaging Technology (Shanghai) Co., Ltd. USCC - 91310118MAEN420F3W
Target
Esaote S.p.A. Codice Fiscale/Partita IVA - 05131180969, Shanghai Lu Zi Enterprise Management Consulting Center USCC - 91310115MA1K3D4T1W
Other parties
Midea Group (Shanghai) Co., Ltd. USCC - 91310118MA1JNET8X1, Carestream Healthcare International Company Limited USCC - 913100007956050379, Midea Medical Technology (Shanghai) Co., Ltd. USCC - 91310118MAEBMH8U5G, Wansheng Medical Investments (Italy) S.p.A. Codice Fiscale - 10087620968, Midea Group Co., Ltd. USCC - 91440606722473344C, Beijing Wandong Medical Technology Co., Ltd. USCC - 9111000063379674X4, Wansheng Medical Investments (Hong Kong) Limited Company Registry Identification Number - 2591584
ANZSIC
  • 2412 Medical and Surgical Equipment Manufacturing
  • 3491 Professional and Scientific Goods Wholesaling

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