China's Midea Group (000333.SZ) on Wednesday said it offered to buy German industrial robot maker Kuka AG (KU2G.DE) for 115 euros a share in cash to expand its know-how in robotics for general industry and logistics applications.

Kuka Ryan McDonagh Lightning Jersey , one of the world's leading robot suppliers in automotive manufacturing, is the second German logistics company to attract interest from Chinese investors, after Weichai Power (000338.SZ) took a 25 percent stake Kion (KGX.DE) in 2012.

Midea's offer values Kuka at around 4.5 billion euros and represents a premium of 36 percent to the Kuka share price of 84.41 euros at close on Tuesday.

Kuka shares rose 35 percent to a record high of 114 euros on Wednesday on the Frankfurt Stock Exchange.

Analysts said the takeover price may be attractive enough to persuade established anchor shareholders like Voith to sell.

Augusburg-based Kuka currently has three large shareholders including Friedhelm Loh, a German entrepreneur who owns 10 percent, and Voith Group which holds 25.1 percent.

"With today's offer Midea is in our view providing a highly attractive exit for a broad variety of shareholders," analysts at Equinet said on a note on Wednesday.

Midea said it had a 13.5 percent stake in Kuka and was seeking to become the largest shareholder by raising its stake beyond 30 percent.

Under German takeover rules, any bidder seeking control of more than 30 percent in a listed company must make a mandatory offer to all shareholders.

Kuka was not immediately available for comment.

Midea said it had confidence in Kuka's current management and intended to leave it in charge of running the company on a day to day basis.

"KUKA is in excellent condition today and we are committed to investing in KUKA's employees, brand, intellectual property and facilities to further support the company's development," Midea Chairman and Chief Executive Paul Fang said in a statement.

The Chinese industrial group further said it had no plans to delist the German company, or to implement a so-called profit transfer and domination agreement.

Midea Group raised its stake in Kuka to 10.2 percent in February, saying at the time that it wanted to further increase its shareholding.

Midea's move is part of a wave of Chinese investments in Germany.

In January a consortium led by state-owned ChemChina agreed to buy industrial machinery maker KraussMaffei Group for about $1 billion. Sany Heavy Industry Co Ltd (600031.SS) bought concrete pump maker Putzmeister Holding GmbH for $698 million in 2012.

Using Flowcharts – Flowcharts show the inputs of a process and how they are transformed to form the outputs. The flowcharts shows the decision making points and branches of one process. There may also be parallel paths that are shown in the flowchart. Flowcharts help you to calculate the cost of implementing and including quality in your process. The Project Management Training for PMI exam will cover how to use flowcharts for quality checking.

Using Cause and Effect Diagrams – A cause-and-effect diagram looks like a fish bone. The problem is represented by the head of the fish bone. The root cause of the problem has to be traced. The various side bones of the fish represent the various causes of the problem. Each of the sidebone could represent problem areas in environment, methods, and more. The sidebone can also represent what to manufacture, what raw materials to use, the people involved in the project, and the machines. After continuous interaction and iteration, the root cause of the problem is found out.

Checksheets – Checksheets have a list of criteria and attributes arranged in a planned sequence. When you gather details about these attributes, then you will be able to identify the potential problem areas in quality. You need to know about Checksheets to appear in the Project Management Certification.

Pareto Diagrams – Pareto Diagrams have a vertical bar chart which shows which factors are important to determine the quality of the project or process. On the horizontal axis you can plot different items such as error in quality certificate, or report that you cannot find quality certificate. The horizontal axis may also indicate errors in invoice, packing list, and amount of products.

Histograms – Data is usually distributed across domains. Histograms show a graphical representation of data distribution. You can use a histogram to find if your process meets customers’ needs. You can also find the difference between the outputs of two different processes.

Control Charts – A control chart is used to control a currently active process, i.e. to find and correct errors as they occur. A control chart is also used to check the stability of a process. Control charts are used to analyze normal events as well as special events. You can also identify if there are specific problems to be addressed or you need to change an entire process. Using control charts you can find if a process variation is uniform and acceptable or is random and unacceptable. A good knowledge of control charts is needed for Project Manager Certification.

Scatter Diagrams – A scatter diagram can be used to check, for instance, what leads to accidents in an area. Using a scatter diagram you can find out if the traffic congestion, traffic speed, weather conditions, or bumps in the road that were leading to accidents. Scatter diagrams can also help in finding the right temperature for baking a cookie to right form. A scatter diagram can also be used to find if there is any direct connection between salary and motivation of employees. Similarly, the correlation between different components of a project or process is shown by a scatter diagram.

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