{
  "id": 18502621,
  "title": "AutoStore to acquire Dutch warehouse and horticulture automation firm Logiqs for up to €30 million",
  "url": "https://urgent.news/2026/11/06/autostore-to-acquire-dutch-warehouse-and-horticulture-automation-firm",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-06T13:04:20.000Z",
  "source": {
    "name": "EU-Startups",
    "slug": "eu-startups",
    "url": "https://www.eu-startups.com/2026/11/autostore-to-acquire-dutch-warehouse-and-horticulture-automation-firm-logiqs-for-up-to-e30-million/"
  },
  "original_language": "en",
  "account": "Norwegian automation firm AutoStore has reached an agreement to acquire Dutch company Logiqs for up to €30 million. AutoStore, a company specializing in intelligent fulfilment, plans to use its existing cash reserves to fund the purchase price. The acquisition will not significantly affect AutoStore's financial results.\n\nAutoStore's Chief Product Officer and President, Parth Joshi, expressed admiration for Logiqs' expertise in the area of advanced products and technology. He stated that the company looks forward to collaborating with Logiqs to further develop the platform and create value for customers.\n\nAutoStore develops robotics and advanced software to automate and manage order fulfilment. It combines a modular robotics platform with intelligence that learns and improves over time. The company serves over 1,350 customers in 68 countries and operates approximately 2,050 systems worldwide.\n\nLogiqs, based in the Netherlands, develops roaming robots for the automated storage and retrieval of palletised goods. The company currently operates at about 30 customer sites across multiple geographies and end markets. It also provides greenhouse automation and vertical farming systems. Logiqs' 60 employees bring additional automation, software, and product capabilities to AutoStore.\n\nLogiqs' CEO, Reyer van der Louw, stated that the acquisition presents an opportunity to accelerate the technology together with AutoStore. He expressed confidence that the combined expertise of both companies will create value for their customers. The transaction is expected to close in Q4 2026, subject to the fulfillment of customary closing conditions. Until the acquisition is finalized, Logiqs and AutoStore will continue to operate as separate entities.",
  "summary": "AutoStore, a Norwegian company specialising in intelligent fulfilment, has announced an agreement to acquire Logiqs, a Maasdijk-based provider of roaming pallet Automated Storage and Retrieval Systems (AS/RS), for up to €30 million. AutoStore noted that it will fund the purchase price from existing cash reserves and does not expect it to materially impact AutoStore’s financial […] The post…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}