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Announced

Walmart to acquire Alert Innovation.

Financials

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

Tags

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Pending

industrial automation

grocery automation

United States

Acquisition

Domestic

Friendly

Single Bidder

Private

Majority

Machinery: Specialty

Synopsis

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Walmart, an American multinational retail corporation, agreed to acquire Alert Innovation, an e-grocery fulfillment automation company. Financial terms were not disclosed. “I am proud that Alert Innovation is one of the most innovative and capable automation companies in operation today. Our mission to improve people’s lives through innovation will now be dedicated to Walmart customers and associates which is an inspiring undertaking,” John Lert, Alert Innovation Founder and Executive Chairman.

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