Norwegian warehouse automation company AutoStore has agreed to acquire Dutch technology company Logiqs BV for up to €30 million. The deal marks an important step for AutoStore as it seeks to expand its warehouse automation business and add new technology to its existing product range.
The agreement was announced on November 5, 2026. The deal is expected to close in the fourth quarter of 2026, subject to the usual closing conditions. This means the acquisition is not yet complete.
With this deal, AutoStore aims to add automated pallet storage technology to its existing platform. Logiqs develops robots that can store and retrieve pallet-based goods inside warehouses. This technology can help businesses use their warehouse space better, move goods faster and improve daily operations.
The deal also gives Logiqs access to AutoStore’s wider global network, resources and technical expertise. Both companies expect their combined knowledge to create new value for customers across different sectors.
What Does AutoStore Do?
AutoStore is a Norway-based technology company that focuses on warehouse automation. It builds robotic systems that help businesses store goods, manage stock and process customer orders.
The company is best known for its cube-based storage system. In this setup, goods sit inside storage bins that form a large three-dimensional grid. Small robots move across the top of this grid to collect and deliver the required bins to workstations.
This system helps businesses store more products in less floor space. It can also reduce the need for manual work and help staff process orders at a faster rate.
AutoStore has built a strong presence across global markets. The company has more than 1,350 customers in 68 countries, with around 2,050 systems across the world.
Its customers come from several sectors, such as retail, logistics and industrial businesses. These companies use automation to manage large volumes of goods and meet customer needs with greater speed and accuracy.
AutoStore now wants to expand beyond its core bin-based storage model. The planned purchase of Logiqs gives it access to a different type of warehouse technology: automated pallet storage.
What Does Logiqs Bring to the Deal?
Logiqs is a Netherlands-based company that develops automated storage and retrieval systems for pallet-based goods. Its technology uses mobile robots that move within warehouse storage areas to place and collect pallets.
Unlike small storage bins, pallets can hold larger and heavier loads. Many warehouses use them to store raw materials, finished products and bulk goods.
Logiqs has built technology for this part of warehouse operations. Its systems are active at around 30 customer sites across different countries and business sectors.
The company has around 60 employees who bring expertise in automation, software and product development. These skills are important for AutoStore as it seeks to add pallet storage to its wider technology platform.
Logiqs also has a long history in automation. The Dutch company began its work in 1975 with solutions for the horticulture sector. Over time, it expanded its work into areas such as vertical farming and warehouse logistics.
One of its key products is iCUBE, an automated pallet storage system. It uses four-way shuttles and its own control software to move pallets through storage areas.
This gives AutoStore access to technology that differs from its current core products. Instead of only handling goods in small bins, the company can now explore solutions for larger loads as well.
Why Does AutoStore Want This Acquisition?
The main reason behind the deal is product expansion. AutoStore wants to build a wider warehouse automation platform that can serve more types of customers.
At present, its core systems focus on cube-based storage. These systems work well for businesses that need to store and collect a large number of small items.
However, not all warehouse goods fit this model. Some products need pallet storage because of their size, weight or volume. Businesses that handle bulk goods may need a different type of automated system.
Logiqs can help AutoStore address this gap.
With access to roaming pallet robots, AutoStore can explore solutions for customers who need both bin-based and pallet-based storage. This could help the company serve a wider range of warehouse needs.
The deal also fits AutoStore’s long-term plan to create what it calls an autonomous and intelligent fulfilment platform.
In simple words, the company wants to create warehouse systems that can manage more tasks with less manual effort. It aims to combine robots, software and operational data to help businesses run their supply chains more effectively.
The Logiqs acquisition adds another part to this plan.
How Will the Deal Help Warehouse Customers?
Warehouse space is costly for many businesses. Companies must store goods, manage stock and prepare orders while they deal with limits on floor space and staff availability.
A poor storage setup can create delays and raise operating costs. Staff may need more time to locate products, move goods and prepare orders for dispatch.
Automated storage systems can help reduce these problems.
Logiqs’ pallet robots can help businesses use available storage space more effectively. They can also support faster movement of goods inside a warehouse.
For customers, this may lead to better storage capacity, higher throughput and more efficient warehouse operations.
Through its planned acquisition, AutoStore wants to develop this technology further and add it to its wider product range over time.
However, the company has not yet shared a full product roadmap or a confirmed date for the wider commercial release of the combined technology.
Customers will have to wait for more details about the final products and how the systems will work together.
What Do the Company Leaders Say?
AutoStore CEO Mats Hovland Vikse said the acquisition is another step towards the company’s goal of a more autonomous and intelligent fulfilment platform.
He said Logiqs has a core technology that could bring roaming pallet storage systems into the AutoStore platform over time. This would help the company meet a wider range of needs for both new and existing customers.
The statement makes clear that AutoStore sees the deal as more than a simple purchase of another business. It wants to use Logiqs’ technology to expand its own product capabilities.
Logiqs CEO Reyer van der Louw also shared a positive view of the deal.
He said the acquisition gives Logiqs an opportunity to speed up the development of its technology with support from AutoStore. He also noted that the two companies have similar work cultures, which could help them build a strong business relationship.
Parth Joshi, Chief Product Officer and President of the Product Business Unit at AutoStore, also praised Logiqs’ technical knowledge.
He said AutoStore was impressed by the Dutch company’s experience in this new product and technology area. He added that both teams look forward to further product development and better customer value.
These comments show that both companies see technology and customer needs as key parts of the deal.
How Will AutoStore Pay for the Acquisition?
AutoStore plans to fund the purchase through its existing cash reserves.
The deal has a maximum value of €30 million. The company has also said that the purchase is not expected to have a material effect on its financial results.
This suggests that AutoStore does not expect the deal to create a major financial burden for its business.
The company has not shared a full breakdown of the purchase price or any other detailed financial terms. The final value may also depend on the terms of the agreement.
The planned close is in the fourth quarter of 2026, subject to the usual closing conditions.
Until the deal is complete, the two companies remain separate businesses.
AutoStore has said it will share more details over time as it develops the new technology for a wider commercial release.
What Does the Deal Mean for Logiqs?
For Logiqs, the acquisition offers a chance to take its technology to a much larger market.
The company already has around 30 customer sites across several regions and sectors. However, access to AutoStore’s global network could help it reach more businesses in the future.
AutoStore has customers in 68 countries and a large base of warehouse automation systems. This gives Logiqs access to a wider business network and more opportunities to develop its products.
The deal could also give Logiqs access to more resources and technical knowledge. This may help the company improve its existing systems and develop new solutions for warehouse customers.
Its team of around 60 employees also adds useful skills to AutoStore’s business.
The combined expertise of both companies could help them develop products that address different warehouse needs. It may also create new opportunities in sectors that require both pallet and bin storage.
For Logiqs, the deal is therefore a chance to build on its existing work with the support of a larger global technology company.
A Wider Push Towards Warehouse Automation
The acquisition also reflects a larger change in the warehouse and logistics sector.
Businesses across the world face pressure to deliver orders faster, control costs and make better use of their available space.
Online retail has also raised customer expectations. Buyers now expect faster delivery, accurate orders and reliable service.
To meet these needs, companies need better systems to manage stock and move products through their warehouses.
Robotics and software can help businesses improve these tasks. Automated systems can reduce some manual work, limit delays and support more accurate stock control.
Warehouse automation is no longer limited to large retail or logistics companies. Businesses from different sectors can use these tools to improve their daily operations.
AutoStore already has a strong position in this market. The Logiqs deal could help it serve customers whose needs go beyond its existing storage model.
By adding pallet automation to its platform, the company may be able to offer a more complete set of warehouse solutions.
Still, the real value of this deal will depend on how well the two companies combine their technology and turn it into products that customers want to buy.
What Happens Next?
The next major step is the formal close of the acquisition.
AutoStore expects the deal to close in the fourth quarter of 2026, subject to customary conditions. Until then, both companies will continue as separate businesses.
After the close, AutoStore plans to develop Logiqs’ pallet storage technology as part of its wider product platform.
The company has not yet shared a detailed timeline for product integration or a date for a broader commercial release.
More details are expected as AutoStore moves ahead with its plans.
For customers, the key areas to watch will be product availability, system performance and how well the new technology works with existing warehouse solutions.
Conclusion
AutoStore’s planned acquisition of Logiqs for up to €30 million marks a clear step towards a wider warehouse automation business.
The deal gives AutoStore access to pallet storage robots, a technology that can help it serve customers with needs beyond its current cube-based systems.
For Logiqs, the agreement offers access to a global network, more technical resources and a larger market for its products.
Both companies expect their combined expertise to create better solutions for warehouse customers. The deal also supports AutoStore’s long-term goal of a more complete and intelligent fulfilment platform.
The acquisition is expected to close in Q4 2026, subject to the usual conditions. Its full business impact will become clearer once the deal is complete and AutoStore shares more details about its product plans.
For now, the agreement marks an important step in AutoStore’s effort to expand its technology and strengthen its place in the global warehouse automation market.
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