German-listed DDB acquires Singapore’s Infinium Robotics in US$24M share deal

Singapore-founded Infinium Robotics has been acquired by German-listed Deutsche Defence Beteiligungen (DDB) in a share-based transaction valued at up to about US$24 million, giving the autonomous warehouse drone company a public-market platform in Europe as demand for industrial automation continues to rise. The deal involves DDB acquiring 100 per cent of Infinium Robotiics’s 2,395,455 shares […] The post German-listed DDB acquires Singapore’s Infinium Robotics in US$24M share deal appeared first on e27 .