# United Robotics Group acquires SoftBank Robotics Europe

United Robotics Group has agreed to acquire SoftBank Robotics Europe SAS, with SoftBank Robotics Group taking a minority stake in URG. The deal is expected to close in Q2 2022.

- Type: Acquisition
- Announced: 2024-01-24
- Where: Paris, France
- Status: announced
- Products: humanoid robots (NAO, Pepper)
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [United Robotics Group](https://endata.com/companies/62266.md) (acquirer)
- [SoftBank Robotics Europe](https://endata.com/companies/62267.md) (target)
- [SoftBank Robotics Group](https://endata.com/companies/75223.md) (investor)

## Sources

- [theceovision.com](https://theceovision.com/united-robotics-group-acquires-softbank-robotics-europe-to-strengthen-position-in-global-robotics-market/), 2024-01-24: "With the acquisition of SBRE, URG is set to become one of the top service robotics companies in Europe."

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