Warehouse automation company AutoStore has agreed to buy Logiqs, a Dutch maker of automated storage and retrieval systems, for up to EUR 30 million, AutoStore said on 5 November, iRobotNews reports.
Logiqs develops automated warehouses for goods stored on pallets, based on mobile robots, and supplies about 30 customer sites. It has about 60 employees. AutoStore expects the deal to close in the fourth quarter of 2026 and says it will not have a material effect on its financial results.
Chief executive Mats Hovland Vikse called the purchase an important step towards an autonomous, intelligent logistics platform, and said Logiqs' core technology will be added to the AutoStore platform in stages.
