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Announced

Completed

Kion Group and Prosperity7 Ventures led a $100m Series C funding round in Quicktron.

Financials

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Transaction Value£74m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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China

Minority

Cross Border

Friendly

Acquisition

Completed

Private Equity

Venture Capital

warehousing solutions

Private

logistics robots

Software

Synopsis

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Kion Group, a German warehouse equipment maker, and Prosperity7 Ventures, a boutique investment-consulting firm, led a $100m Series C funding round in Quicktron, a Chinese smart logistics firm. The round was joined by China Creation Ventures. The funds will be used for technical upgrading. The tech firm started building its robot manufacturing factory in Shanghai.

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