# Stow Group acquires stake in robotics start-up iFollow

Stow Group acquired a stake in iFollow, a robotics start-up specializing in autonomous mobile robots for logistics, with iFollow's management retaining control.

- Type: Acquisition
- Announced: 2022-05-24
- Where: France
- Status: announced
- Products: autonomous mobile robots, order picking solutions
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [stow Group](https://endata.com/companies/57454.md) (acquirer)
- [iFollow](https://endata.com/companies/58595.md) (target)

## Sources

- [ifollow.fr](https://www.ifollow.fr/stow-group-acquires-stake-in-robotics-start-up-ifollow/), 2022-05-24: "This strategic merger will enable us to pursue and significantly accelerate our growth strategy, both in terms of technology and manufacturing and sales, to which our investors have made a major contribution."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.