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Birmingham Post
Birmingham Post
Technology
Jon Robinson

Matthew Moulding praises SoftBank after THG signs AutoStore Systems deal

SoftBank THG AutoStore Matw Moulding Qatar Investment Authority Robots

THG boss Matthew Moulding has praised investment giant SoftBank after his company signed a major deal with AutoStore Systems.

The online retail and software giant has partnered with the Norway group which currently builds all the robots at its Manchester campus.

The deal will allow THG Ingenuity to despatch around £2bn of beauty products from a 500,000 sq ft THG facility. Mr Moulding added that a second site is being build in New Jersey, USA, which is expected to go live at the end of March.

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