.
MergerLinks Header Logo

New Deal


Announced

Completed

SoftBank completed the acquisition of Berkshire Grey for $375m.

Financials

Edit Data
Transaction Value£304m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium24%
One Off Charge-

Tags

Edit

Acquisition

Public

Friendly

artificial intelligence

Software

United States

Cross Border

Privatisation

Majority

Single Bidder

Completed

Synopsis

Edit

SoftBank, a Japanese multinational conglomerate, completed the acquisition of Berkshire Grey, an American technology company, for $375m. “As a long-time partner and investor in Berkshire Grey, we have a shared vision for robotics and automation. Berkshire Grey is a pioneer in transformative, AI-enabled robotic technologies that address use cases in retail, eCommerce, grocery, 3PL, and package handling companies. We look forward to partnering with Berkshire Grey to accelerate their growth and deliver ongoing excellence for customers,” Vikas J. Parekh, SoftBank Managing Partner of Investment Advisers.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US