Bech-Bruun assists Teradyne on its acquisition of Mobile Industrial Robots
Today Teradyne, Inc. has announced its acquisition of privately held Mobile Industrial Robots (MiR) of Odense, Denmark for EUR 121m (USD 148m) net of cash acquired plus EUR 101m (USD 124m) if certain performance targets are met extending through 2020.
MiR is a leading supplier of collaborative autonomous mobile robots (AMRs) for industrial applications. The AMR market is an emerging category in the approx. USD 1.1bn logistics systems segment of the professional services robot market and is expected to grow rapidly in the years ahead.
Bech-Bruun has assisted Teradyne throughout the transaction process.
Read more about the acquisition here.