Announced
Financials
Tags
Pending
industrial automation
grocery automation
United States
Acquisition
Domestic
Friendly
Single Bidder
Private
Majority
Machinery: Specialty
Synopsis
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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