# Stow Robotics acquires majority stake in iFollow

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

- Type: Acquisition
- Announced: 2022-08-24
- Where: Paris, France
- Status: completed
- Products: autonomous mobile robots, 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) (acquirer)
- [iFollow](https://endata.com/companies/58595.md) (target)

## Sources

- [ifollow.fr](https://www.ifollow.fr/stow-robotics-announces-the-acquisition-of-a-majority-stake-in-ifollow/), 2022-08-24: "We are thrilled to welcome iFollow to stow Robotics and have been impressed by the entire iFollow team."

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