Announced
Completed
Financials
Tags
Majority
Cross Border
Private
Completed
Single Bidder
United States
warehouse-as-a-service
Third Party Logistics (3PL)
Acquisition
Joint Venture
Friendly
Synopsis
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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