LOGIQS’ TECHNOLOGY is deployed at around 30 customer sites across several geographies and end markets, where it helps operators increase storage density and throughput. The company’s 60 employees will add automation and software expertise to AutoStore.

“This acquisition is another step in our journey towards building an autonomous, intelligent fulfilment platform. In Logiqs, we have identified a core technology that, over time, will bring roaming pallet AS/RS into the AutoStore platform, helping us address a broader set of needs for both new and existing customers,” said Mats Hovland Vikse, CEO of AutoStore.

Parth Joshi, chief product officer and president of the product business unit at AutoStore, added: “During the process, we’ve been impressed with Logiqs’ deep experience and insight into what is an exciting new product and technology area for us. We look forward to working together to further develop the platform and create value for customers.”

Reyer van der Louw, CEO of Logiqs, said: “For Logiqs, this is an opportunity to accelerate our technology together with AutoStore. I am confident that the combined expertise of Logiqs and AutoStore will create value for our customers.”

The purchase price, which has not been disclosed, will be funded from existing cash reserves and is not expected to have a material impact on AutoStore’s financial results. The transaction is expected to close in Q4 2026, subject to customary closing conditions.

AutoStore will share further details as it develops the technology ahead of a wider commercial release.