Milbank LLP advised the underwriters in connection with the initial public offering and Oslo Børs listing of AutoStore, Norway’s biggest IPO in 20 years. The AutoStore shares priced at NOK 31 per share, valuing the company at NOK 103.5 billion (US$12.4 billion).
AutoStore is a robotic and software technology company, as well as the pioneer of cubic storage automation, the densest warehouse order-fulfilment solution. AutoStore operates in the rapidly growing warehouse automation industry, particularly in the market for automated storage and retrieval systems, and within it the even faster growing cubic storage segment.
The Milbank team was led by Capital Markets partner David Dixter and associate Alexia Pimbli as well as New York Tax partner Andrew Walker and associate David Hanno, and London Tax partner Russell Jacobs and associate Pranav Subhedar.
