iRobot strikes $141M deal for European distributor
July 27, 2017
Electronic Equipment | Villeurbanne, France | Corporate Acquisition
Consumer robotics company iRobot has agreed to acquire its largest European distributor, Robopolis, for $141 million. iRobot will combine the business with its EMEA operations in an effort to drive further growth in Western Europe. Robopolis represented almost 50% of iRobot's revenues in the EMEA region in 2016.