Wednesday, July 26, 2017
iRobot to acquire its biggest European distributor for $141M
Consumer robot maker iRobot, maker of the Roomba robot vacuum cleaner, is to acquire its largest European distributor, Robopolis, in a cash deal worth $141 million. The company said it’s signed a definitive agreement to acquire the privately-held, French company, which is based in Lyon, with the acquisition expected to close in October 2017. Its aim is to further enhance its distribution network
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