# Ocado Group acquires 6 River Systems: acquisition

Canonical ID: `6751c0dd-32ac-4db3-8b42-3b2cafd4cc9a`

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.

- **Structure:** full acquisition
- **Status:** completed
- **Valuation:** $12.7M (reported, approximate)
- **Verification posture:** verified

## Parties

- **Acquirer:** [Ocado Group](https://registry.deploy.report/companies/ocado-group.md)
- **Acquired:** [6 River Systems](https://registry.deploy.report/companies/6-river-systems.md)

## Timeline

- **Closed:** 2023-07-01

## Sources (1)

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


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