# ABB acquires ASTI Mobile Robotics Group: acquisition

Canonical ID: `40d6e4e1-f531-46a8-a812-4b03b52d786b`

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.

- **Structure:** full acquisition
- **Status:** completed
- **Valuation:** $190.0M (reported, approximate)
- **Verification posture:** verified

## Parties

- **Acquirer:** [ABB](https://registry.deploy.report/companies/abb.md)
- **Acquired:** [ASTI Mobile Robotics Group](https://registry.deploy.report/companies/asti-mobile-robotics.md)

## Timeline

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

## Sources (1)

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


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