Ocado Group PLC
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in mil. unless spec.Company Description
- CEO
- Timothy Steiner
- Full Time Employees
- 21,367
- Sector
- Retail trade
- Industry
- Food retail
- Address
- Buildings One & Two Trident Place Hatfield HRT United Kingdom AL10 9UL
- IPO Date
- Jul 21, 2010
- Website
- ocadogroup.com
- Similar Companies
- Business
- Ocado Group plc is a UK-based global technology company that develops and licenses end-to-end e-commerce, fulfillment, and logistics solutions for online grocery retailers and beyond. Founded in 2000 and headquartered in Hatfield, Hertfordshire, the company operates through three main segments: Technology Solutions, which delivers the Ocado Smart Platform (OSP), a proprietary e-commerce platform featuring customer fulfillment centers (CFCs) with robotic automation, AI-driven software, and last-mile delivery systems; Ocado Logistics, which provides third-party fulfillment and delivery services in the UK for partners including Ocado Retail and Morrisons; and Ocado Retail, a 50:50 joint venture with Marks & Spencer that serves over 80% of UK households with groceries, fresh produce, and general merchandise via automated CFCs. Technology Solutions also encompasses Ocado Intelligent Automation (OIA), offering warehouse automation, robotic storage and retrieval systems, and chuck autonomous mobile robots for non-grocery sectors such as distribution and logistics; OSP powers international partnerships with retailers like Kroger (US), Coles (Australia), Alcampo (Spain), Auchan (Poland), and others across North America, Europe, Asia, and the Middle East. The company maintains a workforce of approximately 20,000 and continues to innovate with proprietary technologies including the 600 Series Bot, On-Grid Robotic Pick, and Automated Frameload systems. In recent developments, Ocado Group launched its first CFC in Poland with Auchan Polska in November 2025, brought its Spanish CFC online with Alcampo and Australian CFC with Coles in 2024, expanded its partnership with Kroger in July 2024 to deploy new automated technologies across multiple US sites including upcoming facilities in Charlotte and Phoenix by 2026, signed its 13th international partnership with Panda Retail in Saudi Arabia in 2024, acquired US robotics firms Kindred and Haddington for $287 million in 2024 to accelerate grocery e-commerce technologies, and introduced Ocado Intelligent Automation in 2023 with initial partner McKesson in Canada.
Company News
Ocado Group (OTCMKTS:OCDDY) Sets New 12-Month High – What’s Next?
Ocado has 50% upside, says JP Morgan as price target jumps to 460p
OCADO GROUP (OCDDY) Upgraded to Buy: Here's Why
Ocado confirms Denmark's nemlig as latest European partner
JP Morgan lifts Ocado target to 290p, says shares price in site closures
UBS cuts Ocado target by a third as growth path stays clouded
Ocado to build robotic warehouse for unnamed European retailer
Ocado Group plc (OCDDY) Q2 2026 Earnings Call Transcript
Ocado shares fall to multi-year low as retailer partnership talks continue
Ocado sticks to guidance despite mixed first half
UK's Ocado says talking to multiple potential partners in U.S.
Steiner Ocado Move End Of Era Amid Bid To Revive U.S. Growth Story
Ocado founder Steiner to remain chief executive until early 2028
UK's Ocado says CEO Steiner to stay in role through 2028
Ocado plays down Steiner speculation but admits succession planning
UK's Ocado says board engaging in CEO succession planning
Ocado Group lines up successor to CEO Steiner, Sky News reports
UK's midcap index heads for weekly gain as Ocado surges on Asda deal
Ocado surges on Asda deal as broker flags UK market breakthrough
Ocado to overhaul Asda's online grocery operation with new platform partnership