iRobot Corporation (NasdaqGS:IRBT) acquired Aeris Cleantec AG on November 15, 2021. Although iRobot anticipates that the Aeris business will be modestly dilutive to iRobot's full-year 2022 earnings, the company expects that accelerated revenue growth during the second half of 2022 will deliver improved operating profitability and that this transaction will be accretive to the company's full-year 2023 earnings. The company expects to provide additional information about the Aeris products and the anticipated financial impact from this product line over the coming years during the company's Investor Day on December 9, 2021. Aeris' Founders Pierre Bi, Chief Executive Officer and Constantin Overlack, Chief Operating Officer, will join iRobot and lead air purification product operations, including engineering, product management and design. Aeris currently employs over 30 people, all of whom are expected to join iRobot. Alexander Fischer, Steven Canner and Michelle Heisner of Baker McKenzie acted as legal advsor to Aeris Cleantech AG in the transaction.

iRobot Corporation (NasdaqGS:IRBT) completed the acquisition of Aeris Cleantec AG for $71.4 million on November 15, 2021. The consideration for the transaction was net of cash acquired. Raphael Annasoh, Christoph Neeracher, Susanne Schreiber, Markus Wang and Laura Widmer of Bär & Karrer Ltd. acted as Swiss legal advisor to iRobot in this transaction.