# SoftBank Group acquires Berkshire Grey: acquisition

Canonical ID: `d57a0532-843e-417d-a93c-6d33532d336d`

SoftBank Group acquired warehouse-robotics company Berkshire Grey in an all-cash go-private deal at $1.40 per share, valued at about $375M (announced March 2023, closed 2023). SoftBank had been an existing major shareholder.

- **Structure:** full acquisition
- **Status:** completed
- **Valuation:** $375.0M (reported, approximate)
- **Verification posture:** verified

## Parties

- **Acquirer:** [SoftBank Group](https://registry.deploy.report/companies/softbank-group.md)
- **Acquired:** [Berkshire Grey](https://registry.deploy.report/companies/berkshire-grey.md)

## Timeline

- **Announced:** 2023-03-24
- **Closed:** 2023-07-01

## Sources (1)

1. https://www.globenewswire.com/news-release/2023/03/24/2634333/0/en/Berkshire-Grey-Enters-into-Definitive-Merger-Agreement-with-SoftBank-Group-for-Go-Private-Transaction.html


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