By Matthew Roscoe • 02 November 2020 • 13:31
BRITISH online supermarket and technology group, Ocado, buys two robotic companies after hiking its profit forecasts.
Speaking about the addition of the two robotics companies Steiner, said: “Given the market opportunity we want to accelerate the development of our systems, including improving their speed, accuracy, product range and economics.
“I am delighted to be welcoming Kindred Systems and Haddington Dynamics to the Ocado group, as we believe they have the capabilities to allow us to accelerate delivery, innovate more, and grow faster.” he continued.
“I am also excited by the opportunity to enter new markets for robotic solutions outside of grocery that is demonstrated by Kindred Systems’ robust growth, with existing customers such as Gap and American Eagle across the general merchandise and logistics sectors,” he concluded.
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Originally from the UK, Matthew is based on the Costa Blanca and is a web reporter for The Euro Weekly News covering international and Spanish national news. Got a news story you want to share? Then get in touch at [email protected]
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