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Announced

ABB to acquire ASTI Mobile Robotics for $190m.

Financials

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Transaction Value£140m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Electronic Components and Equipment

Single Bidder

Private

Pending

autonomous mobile robots

Spain

Acquisition

Majority

Friendly

Cross Border

Synopsis

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ABB, a global technology company, agreed to acquire ASTI Mobile Robotics, a global autonomous mobile robot manufacturer, for $190m. “With this acquisition, ABB will be the only company to offer a full automation portfolio of AMRs, robots and machine automation solutions, from production to logistics to point of consumption. This is a gamechanger for our customers as they adapt to the individualized consumer and seize opportunities presented by significant changes in consumer demand," Sami Atiya, ABB President.

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