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Walmart Teams Up with Symbotic to Implement Industry-Leading Supply Chain Automation System
July 14, 2021 GMT
BENTONVILLE, Ark., & WILMINGTON, Mass. (BUSINESS WIRE) Jul 14, 2021
Symbotic, a robotics and automation-based company focused on reimagining the traditional consumer goods supply chain and Walmart announced they will partner to reimagine the retailer’s regional distribution network.
Symbotic first implemented its system in Walmart’s Brooksville, Florida distribution center in 2017. Since that time, the companies have worked together to optimize the system. Today, Symbotic will begin the process of outfitting 25 additional regional distribution centers with the high-tech system aimed at furthering Walmart’s mission of operating a best-in-class supply chain.
managed or advised by Siris Capital Group, LLC)
to be effected by means of a Scheme of Arrangement
under Part 26 of the Companies Act 2006
Summary ·The boards of Equiniti Group plc ( EQ or the Company ) and Earth Private Holdings Ltd ( Bidco ) are pleased to announce that they have agreed the terms of a recommended cash acquisition of EQ by Bidco, a newly-incorporated company indirectly owned by funds managed or advised by Siris Capital Group, LLC ( Siris ) pursuant to which Bidco will acquire the entire issued and to be issued share capital of EQ (the Acquisition ). ·Under the terms of the Acquisition, EQ Shareholders will be entitled to receive: