September 4, 2020 @ 11:54 by Richard Dawson
Law firm Womble Bond Dickinson (WBD) has advised on the extension of a long-term partnership between robotics manufacturer Tharsus and online grocery giant Ocado Group.
Tharsus has been working with Ocado Group for seven years, making the robots which the firm uses to pick groceries for delivery in its fulfilment centres.
The extension of its partnership will see the firms continue working together until 2024 and the deal will also result in a multimillion-pound investment at the firm’s Blyth sites, creating and safeguarding around 100 jobs in the North East and across the UK.
A number of WBD lawyers advised on the deal, which was led by Newcastle-based partners Robert Phillips and Pete Snaith.
Robert said: “Helping our clients to support the North East economy is an important strategic goal for WBD.
“We’re thrilled to have advised Tharsus on this exciting development for the business, which will generate investment, innovation and create new jobs in the region.
“Our strong commercial expertise coupled with our cross sector knowledge in manufacturing and technology enabled us to secure the best possible outcome for our client.”
Tharsus chief executive Brian Palmer added: “We are excited to continue our long-standing relationship with Ocado and push the boundaries of a rapidly evolving sector.
“Aside from the innovation gains to be made, the partnership will bring new investment and jobs to the local area.
“We were founded in the North East and are proud to be a focal point of the community here.”
Robert and Peter form part of the manufacturing sector team at WBD, which is focussed on supporting regional and national manufacturers to grow.
The team is actively involved with regional support organisations like the North East Automotive Alliance (NEAA), NEPIC, and NOF.