AutoStore's $32M Logiqs Deal: What It Means for Warehouse Automation

Jan de Vries · 2026-11-06

AutoStore just made a move that could change how warehouses handle pallets. The Norwegian fulfillment automation company announced it will acquire Logiqs, a Dutch firm specializing in roaming pallet Automated Storage and Retrieval Systems (AS/RS), for up to $32 million (€30 million). The deal, funded from existing cash reserves, is expected to close in Q4 2026. ### Why Logiqs? Logiqs isn't a household name, but it's been quietly building technology that AutoStore wants. Founded in 1995, the Maasdijk-based company develops robots that roam warehouses to store and retrieve palletized goods. Its systems are deployed at about 30 customer sites, helping businesses improve storage density, throughput, and efficiency. But Logiqs also brings something unexpected: greenhouse automation and vertical farming systems. That might seem like an odd fit for a warehouse automation giant, but AutoStore sees it differently. "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," said Parth Joshi, Chief Product Officer at AutoStore. In other words, Logiqs' expertise in moving goods—whether in a warehouse or a greenhouse—aligns with AutoStore's vision of flexible, intelligent fulfillment. ### The Bigger Picture AutoStore is already a powerhouse in cube-based automation, with over 1,350 customers in 68 countries and about 2,050 systems worldwide. The company reported strong Q3 2026 results, with revenue up 38% and order intake up 17% year-over-year. It also raised its full-year revenue guidance to about $750 million, up from roughly $700 million in Q2. But CEO Mats Hovland Vikse isn't stopping there. "As supply chains become increasingly strategic to our customers, they are looking for solutions that improve productivity, flexibility and resilience," he said. "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." That's the key: AutoStore's current system is built around bins and cubes, not pallets. By integrating Logiqs' roaming robots, AutoStore can address a broader set of needs—especially for customers dealing with larger, heavier goods that don't fit neatly into bins. ### What Happens to Logiqs? For now, it's business as usual. Logiqs will continue to operate independently until the deal closes, and its current offerings—including horticultural systems—will still be sold and supported. The company's 60 employees will join AutoStore, bringing complementary automation, software, and product capabilities. "For Logiqs, this is an opportunity to accelerate our technology together with AutoStore," said CEO Reyer van der Louw. "The cultural similarities between our two companies are a great starting point for a successful collaboration." ### The Takeaway AutoStore's acquisition of Logiqs is more than just a $32 million bet on pallet automation. It's a signal that the company wants to be a one-stop shop for intelligent fulfillment—from small bins to large pallets, and maybe even vertical farms. As supply chains become more complex, that kind of versatility could be a major competitive advantage. For now, all eyes are on Q4 2026, when the deal is expected to close.