M&A Deal Summary

OnRobot Acquires Purple Robotics ApS

On August 30, 2018, OnRobot acquired machinery company Purple Robotics ApS

Acquisition Highlights
  • This is OnRobot’s 1st transaction in the Machinery sector.
  • This is OnRobot’s 1st transaction in Denmark.

M&A Deal Summary

Date 2018-08-30
Target Purple Robotics ApS
Sector Machinery
Buyer(s) OnRobot
Deal Type Add-on Acquisition

Target

Purple Robotics ApS

Odense M, Denmark
Purple Robotics ApS specialises in developing flexible accessories that can be installed easily and quickly on collaborative robot arms. Purple Robotics is founded by a team of three super nerds coming out of Universal Robots R&D, with a total of 18 years of experience developing the UR3, UR5 and UR10 almost from the birth of Universal Robots.

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Buyer(S) 1

Buyer

OnRobot

Odense, Denmark

Category Company
Founded 2015
Sector Technology Hardware
DESCRIPTION

OnRobot is a provider of hardware and software that help customers take full advantage of the benefits of collaborative robot applications: ease of use, cost-effectiveness and safe use alongside human workers. OnRobot integrates grippers, sensors and software to facilitate the deployment of robots in a broad set of industries and end-use collaborative applications, including packaging, quality testing, material handling, machine tending and assembly. OnRobot was formed in 2015 and is based in Odense, Denmark.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Denmark M&A 1 of 1
Year: 2018 M&A 1 of 1