EQT VII to Acquire AutoStore
· EQT VII to acquire Norway based AutoStore – a unique automated storage and retrieval system with more than 130 installations to date in 22 countries · The company has experienced an annual topline growth of ~50% and an annual EBITDA growth of ~80% since 2013 · EQT will support AutoStore in continuing its growth trajectory through further expansion internationally and through continued high focus on R&D and technology leadership The EQT VII Fund (“EQT VII) has entered an agreement to acquire AutoStore (or “the Company”) from Jakob Hatteland Holding AS and other minority owners.