# LG Electronics acquires Bear Robotics: acquisition

Canonical ID: `5ec4f211-e796-4351-83ef-83bac04efd0c`

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.

- **Structure:** majority stake
- **Status:** completed
- **Valuation:** $600.0M (reported, approximate)
- **Verification posture:** verified

## Parties

- **Acquirer:** [LG Electronics](https://registry.deploy.report/companies/lg-electronics.md)
- **Acquired:** [Bear Robotics](https://registry.deploy.report/companies/bear-robotics.md)

## 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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