[Alpha Biz= Reporter Kim Jisun] HL Group is set to acquire Stanley Robotics, the world's top autonomous parking robot company.
On October 8, HL Holdings' subsidiary, HL Robotics, announced that it has signed a contract to purchase 74.1% of Stanley Robotics from French institutional investors for approximately 32 billion KRW (around $24 million USD). Upon completing the final payment in December, HL Robotics will become the largest shareholder. The founders, who retain the remaining stake, have agreed to continue participating in the company's management even after the ownership transfer.
Founded in 2015, Stanley Robotics specializes in developing autonomous robots that park cars in parking lots. The company reportedly generates an annual revenue of around 30 billion KRW, making it the leader among outdoor autonomous parking robot firms. Its flagship product, “Stan,” has been in operation at Lyon-Saint Exupéry Airport in France since 2018. The robot is known for its autonomous driving capabilities and remote control functionality, allowing multiple robots to be managed in real-time from a central control room. Additionally, it features intelligent automatic charging, enabling it to autonomously return to a charging station when its battery is low.
Recently, Stanley Robotics secured a subscription contract with Canadian National Railway, one of North America's leading rail logistics companies, for the use of its parking robots.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
