Ocado ex­tends deal with tech firm to de­liver more ro­bots amid boom

The Daily Telegraph - Business - - Business -

◆ Ocado has ex­tended a tie-up with a Bri­tish tech­nol­ogy com­pany to man­u­fac­ture more of its ro­bots as it banks on the boom in on­line gro­cery shop­ping, writes Laura Onita.

The “multi-mil­lion” pound in­vest­ment in Thar­sus, based in Blyth, Northum­ber­land, means Ocado can ex­port more of its tech­nol­ogy swiftly to other coun­tries.

The on­line gro­cer has been beef­ing up the pro­duc­tion of robot fac­to­ries for su­per­mar­kets world­wide to cap­i­talise on surg­ing de­mand for on­line de­liv­er­ies. It cur­rently has seven in­ter­na­tional deals with chains in­clud­ing Kroger in Amer­ica and Casino in France, plus Mor­risons.

The deal will last un­til at least 2024 and is meant to cre­ate 100 jobs in the area.

“Hav­ing Ocado as a cus­tomer has a knock-on ef­fect on a busi­ness like ours,” said Brian Palmer, the chief ex­ec­u­tive of Thar­sus. “It helps us build our rep­u­ta­tion.”

The robot man­u­fac­turer also works with the likes of DHL and Rolls-Royce. It first started work­ing with Ocado seven years ago. Ear­lier this month Ocado raised £1bn from in­vestors as it looks to cash in on the surge in on­line de­liv­er­ies sparked by coro­n­avirus.

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