Companies/United Kingdom/ London /Ocado
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Ocado

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British online supermarket

SaaS & Cloud private London
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Snapshot

Updated 3 June 2026

Ocado is a UK retail-technology and robotics company founded in 2000, listed on the London Stock Exchange since 2010, and organised into two businesses: a UK online grocery retail joint venture with Marks & Spencer (Ocado Retail Ltd) and Ocado Technology Solutions, which sells the Ocado Smart Platform, a fully integrated robotic fulfilment and software stack, to grocery retailers around the world.

Technology Solutions customers include Kroger in the United States, Casino Groupe in France, Sobeys in Canada, Coles in Australia, AEON in Japan, ICA in Sweden, and Morrisons in the UK. Ocado's Customer Fulfilment Centres operate fleets of autonomous robots running on grid infrastructure to pick grocery orders at dense throughput.

The listed parent, Ocado Group plc, has its registered office and principal technology campus in Hatfield, Hertfordshire, with a London corporate office used for investor relations, strategy, and a significant portion of commercial and legal operations. The group has filed hundreds of patents related to its grid-robotics and grocery-fulfilment systems.

Corporate playbook

How Ocado is structured

1
Estonia e-Residency play

Ocado Group plc is a good example of how a UK public limited company can house both a consumer-facing retail joint venture and a global IP-heavy technology licensing business under one listed parent.

Incorporated in England and Wales (Companies House number 07098618) and admitted to the LSE Main Market in July 2010, Ocado Group plc is FTSE 250-listed and was previously in the FTSE 100 during the pandemic-era valuation peak.

2
Estonia e-Residency play

The group is structured into Ocado Retail Limited, a 50:50 joint venture with Marks & Spencer Group plc that operates the UK Ocado.com grocery website, and Ocado Solutions, the international technology licensing business that includes Ocado Intelligent Automation Limited and research entities.

The 2019 Ocado Retail joint-venture transaction with M&S reshaped the cap table and required detailed filings around preferred share rights, earn-outs, and change-of-control provisions, all visible through Companies House and the FCA National Storage Mechanism.

3
Estonia e-Residency play

The group's patent portfolio is administered through group IP-holding subsidiaries; enforcement against AutoStore led to one of the most prominent UK cross-jurisdictional patent suites of recent years.

Ocado has also issued convertible bonds and executed equity placings to fund capacity expansion, each generating its own suite of Companies House filings on share allotments, new classes, and directors' resolutions. For UK readers, Ocado is a reference example of how a tech-licensing plc balances minority-shareholder retail investors, a major joint-venture partner (M&S), and cross-border technology customers.

Corporate timeline

Jan 2000
Incorporation
Founded in 2000.

Key people

  • J
    Jason Gissing
    Founder
  • T
    Tim Steiner
    Founder
  • J
    Jonathan Faiman
    Founder

Common questions

Ocado Group plc is listed on the London Stock Exchange Main Market under the ticker OCDO, having IPO'd in July 2010.

Market · OCDO.LLSE
205.00 GBp
▼ -23.62%
Market capn/a
52-week range165.85 GBp - 397.90 GBp
Updated 26 May 2026
Comparable structures
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The formation playbook, step by step.
01
Authorise the classes
File a Delaware certificate of incorporation authorising at least two , ideally three , classes of common stock with explicitly different voting rights.
02
Appoint an agent
Corporation Trust, CSC or Cogency Global, the $89 minimum filing fee plus franchise tax, and bylaws that reference the class structure.
03
Hang the subsidiaries
A California LLC for West Coast hiring, a Dublin Ltd for EMEA, a Singapore Pte Ltd for APAC , all beneath the Delaware parent.
04
Do it before the IPO
The parent signs no commercial contracts; it holds equity, IP and debt only. Super-voting founder shares can only be added pre-listing , exchanges push back afterwards.
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