DEPLOYDatabase

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


Machine-readable surfaces

5ec4f211-e796-4351-83ef-83bac04efd0c

Parties

Acquirer
LG Electronics
Acquired
Bear Robotics

Timeline

Announced
2025-01-24
Closed
2025-01-24

Sources (1)

  1. https://www.therobotreport.com/lg-acquires-majority-stake-in-bear-robotics/

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