Acquisition
LG Electronics acquires Bear Robotics
LG Electronics took a 51% majority stake in food-service/serving-robot maker Bear Robotics (January 2025), making it an LG subsidiary; the deal reportedly valued Bear at about $600M and followed LG's March 2024 $60M investment for a 21% stake.
majority stake · Completed · $600.0M (reported, approximate) · verified
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5ec4f211-e796-4351-83ef-83bac04efd0cParties
- Acquirer
- LG Electronics
- Acquired
- Bear Robotics
Timeline
- Announced
- 2025-01-24
- Closed
- 2025-01-24
Sources (1)
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