Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with a few weeks of delay.
OnRobot to acquire startup robotics firm Blue Workforce
April 17, 2019

Blue Workforce, a Danish company manufacturing a lightweight industrial robot for pick-and-place operations, has been acquired by OnRobot. The deal is made after Blue Workforce filed for bankruptcy after an unsuccessful funding round. The company has 12 FTEs and raised USD 2.8m for 16% of the company, valuing the company at USD 17.5m back in 2017.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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