AutoStore to acquire Dutch AS/RS company for $33 million

The Norwegian warehouse automation vendor AutoStore will acquire a Dutch provider of automated storage and retrieval systems (AS/RS) for pallet-sized loads, saying it has agreed to buy Logiqs BV for about $33 million.

AutoStore has seen fast growth in recent years in the sales of its AS/RS, which is designed for storage and fulfillment of smaller, bin-sized loads, so the deal would expand its capabilities.

Based in the Netherlands, Logiqs develops roaming robots for the automated storage and retrieval of palletized goods. Its warehouse technology is deployed at approximately 30 customer sites across multiple geographies and end markets, helping customers improve storage density, throughput, and operational efficiency. Logiqs’ 60 employees offer complementary automation, software, and product capabilities, according to AutoStore.

“This acquisition is another step in our journey towards building an autonomous, intelligent fulfilment platform. In Logiqs, we have identified a core technology that, over time, will bring roaming pallet AS/RS into the AutoStore platform, helping us address a broader set of needs for both new and existing customers,” said Mats Hovland Vikse, CEO of AutoStore.

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