Ocado Mergers and Acquisitions Presentation Deck
Acquisition of Kindred Systems and Haddington Dynamics
"We consider the opportunities for robotic manipulation solutions to be significant, both for Ocado
Smart Platform clients and across the fast-growing online retail and logistics sectors. Ocado has made
meaningful progress in developing the machine learning, computer vision and engineering systems required
for the robotic picking solutions that are currently in production at our Customer Fulfilment Centre ("CFC") in
Erith. Given the market opportunity we want to accelerate the development of our systems, including
improving their speed, accuracy, product range and economics.
I am delighted to be welcoming Kindred Systems and Haddington Dynamics to the Ocado group, as
we believe they have the capabilities to allow us to accelerate delivery, innovate more, and grow faster. I am
also excited by the opportunity to enter new markets for robotic solutions outside of grocery that is
demonstrated by Kindred Systems' robust growth, with existing customers such as Gap and American Eagle
across the general merchandise and logistics sectors."
©2020 Ocado Group plc. All rights reserved.
Tim Steiner, CEO Ocado Group
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