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New Deal


Announced

Completed

SoftBank Group and Symbotic formed a GreenBox Systems joint venture.

Financials

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Transaction Value£77m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Cross Border

Private

Completed

Single Bidder

United States

warehouse-as-a-service

Third Party Logistics (3PL)

Acquisition

Joint Venture

Friendly

Synopsis

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SoftBank Group, a Japanese multinational conglomerate holding company headquartered in Tokyo, and Symbotic, a global provider of integrated supply network automation solutions for warehouses and distribution centers, formed a GreenBox Systems joint venture. “We are pleased to partner with SoftBank in this venture that accelerates our shared vision to transform the supply chain. GreenBox enables Symbotic to bring the benefits of our technology to a broader customer universe, expanding our market opportunity,” Rick Cohen, Symbotic Chairman and CEO.

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