# Stow Robotics acquires majority stake in iFollow

Stow Robotics, the warehouse automation unit of Stow Group, has acquired a majority stake in iFollow SAS, a Paris-based collaborative autonomous mobile robot company. The acquisition is backed by The Blackstone Group, Stow Group's majority shareholder.

- Type: Acquisition
- Announced: 2022-06-02
- Where: Paris, France
- Status: announced
- Products: autonomous mobile robots (AMRs), warehouse automation software
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Blackstone Group](https://endata.com/companies/2364.md) (investor)
- [stow Group](https://endata.com/companies/57454.md) (partner)
- [iFollow](https://endata.com/companies/58595.md) (target)
- [Stow Robotics](https://endata.com/companies/63241.md) (acquirer)

## Sources

- [forkliftaction.com](https://www.forkliftaction.com/news/stow-robotics-buys-into-ifollow.aspx?n=26034), 2022-06-02: "We truly believe that our partnership with iFollow will unlock significant synergies with our Atlas 2D pallet solution."

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