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New Deal


Announced

Completed

Ocado Group completed the acquisition of 6 River Systems from Shopify.

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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Acquisition

Cross Border

Single Bidder

Friendly

Private

Majority

warehouse services

warehouse

Real Estate Services

United States

Completed

Synopsis

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Ocado Group, a grocery technology company, completed the acquisition of 6 River Systems, a collaborative AMR fulfilment solutions provider, from Shopify, a Canadian multinational e-commerce company. Financial terms were not disclosed. "We are delighted to welcome new colleagues to the Ocado family. 6 River Systems brings exciting new IP and possibilities to the wider Ocado technology estate, as well as valuable commercial and R&D expertise in non-grocery retail segments," James Matthews, Ocado Technology CEO.

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