Warton Investment Company and Technored, a developer of industrial robots, have signed a corporate agreement. The document in the Technopolis Moscow special economic zone was signed by Ilya Sivtsev, CEO of Warton, and Artem Lukin, CEO and founder of Technored, Forbes reported. After that, it is planned to sign the documents on the deal, I. Sivtsev said, as cited by the publication. He did not disclose its parameters.
This deal, as a source close to one of the parties told Forbes, implies a phased acquisition by Warton of up to 51% of the robotics company. The transfer of control over Technored to Warton is planned for the second stage, after Warton buys 49% of the company, another Forbes source involved in the negotiations said. He added that the signing of documents on the first stage — the purchase of 49% of Technored by Warton — is planned in June.
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