EQT to sell AutoStore
· EQT to sell AutoStore, the leading global provider of warehouse automation systems, to THL Partners and other co-investors · During EQT’s ownership, AutoStore has expanded its geographical presence, broadened its addressable market through new R&D innovations (including launch of the Black Line) and empowered some of the world’s largest warehouses with state-of-the-art automation solutions · Since acquired by EQT, AutoStore has experienced exponential growth, with quadrupled revenues, a 4.5 EBITDA increase and a doubling of the employee base The EQT VII fund (“EQT” or “EQT