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.

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.

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

iFollow, developer of autonomous mobile robots for warehouses, plans to expand its manufacturing facilities in France with two new plants near Paris, and open a new UK office in Derby, following a €7.5 million investment. The company aims to increase production to 1,500 robots per year.