AutoStore Just Bought a Dutch Robotics Firm—Here's What It Means

Jan de Vries · 2026-11-06

AutoStore, the Norwegian warehouse robotics company, has agreed to acquire Logiqs, a Netherlands-based maker of roaming pallet automation systems, for up to $32.5 million. The deal, announced alongside AutoStore's third-quarter results, is a small check with some pretty big implications for how pallets move through modern fulfillment centers. So what's actually happening here? Let's break it down. ### The Deal at a Glance - Buyer: AutoStore, founded in Norway, with more than 1,350 customers across 68 countries and roughly 2,050 systems installed worldwide. - Target: Logiqs, based in Maasdijk, Netherlands, founded in 1995, with about 60 employees. - Price: Up to $32.5 million, paid from existing cash reserves. - Timeline: Expected to close in Q4 2026, pending standard closing conditions. AutoStore says the purchase won't materially move its financials. That makes sense—the company just raised its full-year revenue guidance to about $750 million, up from roughly $700 million in Q2, and posted Q3 revenue growth of 38% with order intake up 17% year over year. ### Why Logiqs Fits the Puzzle AutoStore built its name on cube-based storage: dense grids of bins, robots skimming across the top, software orchestrating the whole thing. It's brilliant for small parts. But pallets? That's a different beast entirely. Logiqs brings roaming robots that handle palletized goods—the heavy, bulky stuff that moves on wooden pallets through warehouses and greenhouses. Its systems run at about 30 customer sites today, helping businesses squeeze more storage density and throughput out of their floor space. As Mats Hovland Vikse, AutoStore's CEO, put it: "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." Translation? AutoStore wants to sell you the whole warehouse, not just the small-parts corner of it. ### The Greenhouse Angle Nobody Expected Here's the twist. Logiqs isn't only about warehouses. It also builds greenhouse automation and vertical farming systems—a niche that has almost nothing to do with AutoStore's core business. But Logiqs has made it clear: its horticultural products aren't going anywhere. The company says its current offering, including greenhouse systems, will keep being sold and supported, and ongoing projects will continue as planned. Parth Joshi, AutoStore's Chief Product Officer, said the team was impressed with Logiqs' "deep experience and insight into what is an exciting new product and technology area for us." That's corporate speak for: we like what you've built, and we want to learn from it. ### What Happens Next Until the deal closes, both companies keep operating independently. Reyer van der Louw, Logiqs' CEO, called it "an opportunity to accelerate our technology together with AutoStore" and pointed to the cultural similarities between the two firms as a strong foundation. For warehouse operators, the practical takeaway is simple: if AutoStore successfully folds roaming pallet robots into its platform, buyers could eventually source one integrated system for bins and pallets alike. Fewer vendors, fewer integration headaches. That's not a tomorrow thing—it's a multi-year build. But it's a direction worth watching, especially for anyone planning automation investments in the back half of this decade.