AutoStore Buys Dutch Robot Maker Logiqs for Up to €30 Million

AutoStore will pay up to €30 million for Logiqs, a Dutch provider of roaming pallet Automated Storage and Retrieval Systems (AS/RS), the Norwegian company announced. The deal, funded entirely from existing cash reserves, is expected to close in Q4 2026, subject to customary closing conditions.

AutoStore said it does not expect the purchase price to materially impact its financial results. Until closing, the two companies will operate as separate businesses.

The acquisition lands days after AutoStore reported third-quarter 2026 results on Thursday, with revenue up 38% year-over-year and order intake up 17%. The company also raised its full-year revenue guidance to about $750 million, up from roughly $700 million set in Q2.

A €30 million checkout, in other words, backed by a quarter that's accelerating.

What does Logiqs bring to AutoStore?

Logiqs, based in Maasdijk in the Netherlands, develops roaming robots that store and retrieve palletised goods automatically. Its warehouse technology runs at about 30 customer sites across multiple geographies and end markets, improving storage density, throughput and operational efficiency.

The company also builds greenhouse automation and vertical farming systems. Its 60 employees add complementary automation, software and product capabilities to AutoStore's platform.

For Logiqs customers, little changes immediately. The Dutch company stated its current offering, including horticultural systems, will continue to be sold and supported, with ongoing projects and existing-system support maintained.

Why pallets matter to a cube-automation leader

Founded in 1995, AutoStore develops robotics and advanced software to automate and orchestrate order fulfilment. It connects inventory, cube-based automation, software and operational data across the fulfilment lifecycle, combining a modular robotics platform with intelligence that learns and improves over time.

The scale is substantial: more than 1,350 customers across 68 countries and roughly 2,050 systems deployed worldwide.

Pallet handling marks a new product category for AutoStore. CEO Mats Hovland Vikse framed the deal as a technology extension:

"Innovation remains at our core of our goal to provide autonomous and intelligent fulfillment. As supply chains become increasingly strategic to our customers, they are looking for solutions that improve productivity, flexibility and resilience. With today's acquisition of Logiqs we add another core technology that, over time, will bring roaming pallet AS/RS capabilities to the AutoStore platform, helping us address a broader set of needs for both new and existing customers."

What did the executives say?

Chief Product Officer and President of the Product Business Unit Parth Joshi pointed to what AutoStore learned during deal negotiations:

"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."

Logiqs CEO Reyer van der Louw cast the sale as acceleration rather than exit:

"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 cultural similarities between our two companies are a great starting point for a successful collaboration going forward."

What happens next?

Until the Q4 2026 close, both companies run independently. After that, AutoStore intends to fold roaming pallet AS/RS into its platform over time — extending a company that just raised its revenue outlook to $750 million deeper into palletised logistics and, unusually for a fulfilment tech firm, horticulture.