Acquisition

ABB acquires ASTI Mobile Robotics Group

ABB acquired Spanish autonomous-mobile-robot maker ASTI Mobile Robotics Group for about $190M (2021), entering the AMR market and forming the basis of ABB's mobile-robotics business across logistics and manufacturing.

full acquisition · Completed · $190.0M (reported, approximate) · verified

Track ABB acquires ASTI Mobile Robotics Group

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Parties

Acquirer: ABB
Acquired: ASTI Mobile Robotics Group

Timeline

Announced: 2021-07-19
Closed: 2021-08-01

Sources (1)

https://www.therobotreport.com/abb-paid-190m-for-asti-mobile-robotics/

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