Kraken Robotics Inc. has successfully completed its acquisition of Covelya Group Limited for approximately $615 million, a deal that was previously announced and is subject to closing adjustments. This acquisition, finalized today, marks a significant expansion for Kraken Robotics, a company listed on the TSX Venture Exchange and OTCQB. The transaction is valued in Canadian dollars, reflecting the company's strategic move to enhance its capabilities and market presence in the robotics sector.
Robot Manufacturer
Press Release
Industrial
Original from ROVplanet.com: Kraken Robotics Announces Closing of Strategic Acquisition of Covelya Group Limited, Updated 2026 Guidance and Appointments to Executive Team
Kraken Robotics Announces Closing of Strategic Acquisition of Covelya Group Limited, Updated 2026 Guidance and Appointments to Executive Team
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