AutoStore buys Logiqs to bring pallet robots onto its cube-based platform
AutoStore, the Norwegian fulfilment robotics company, has agreed to buy Logiqs, a Maasdijk-based maker of roaming pallet storage and retrieval robots, for up to thirty million euros, paid from existing cash reserves. The deal comes as AutoStore reports third-quarter 2026 revenue up thirty-eight percent and raises its full-year revenue guidance to about seven hundred fifty million dollars, from roughly seven hundred million.
AutoStore chief executive Mats Hovland Vikse described the purchase as adding a core technology that will, over time, extend the AutoStore platform to palletised goods for both new and existing customers. The move reads as a planned step, not a reaction: a sum the company calls immaterial, sixty employees and about thirty live sites. Logiqs keeps selling its greenhouse and vertical farming systems while the pallet capability is folded in.
Source: EU-Startups · November 6, 2026