DEPLOYDatabase

Acquisition

Ocado Group acquires 6 River Systems

Ocado acquired 6 River Systems from Shopify for ~$12.7M (2023), roughly a 97% markdown from Shopify's 2019 purchase price - a warehouse-robotics value-destruction case.

full acquisition · Completed · $12.7M (reported, approximate) · verified


Machine-readable surfaces

6751c0dd-32ac-4db3-8b42-3b2cafd4cc9a

Parties

Acquirer
Ocado Group
Acquired
6 River Systems

Timeline

Closed
2023-07-01

Sources (1)

  1. https://www.therobotreport.com/12-notable-warehouse-focused-amr-acquisitions/

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