Ocado signs technology deal with regional European retailer

The online grocery company said the retailer wishes to remain anonymous until it launches its online business.

Ocado will provide the partner with its full software platform, know-how and support services required to create an online grocery business, with orders initially fulfilled from the retailer’s manually operated centralised warehouse.

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The agreement gives the partner the right to request in the future the installation of automated mechanical handling equipment in centralised warehouses, powered by OSP technology, on terms to be separately agreed.

The partner will pay an up-front fee to Ocado for…