AutoStore agrees to buy Logiqs for up to EUR 30 million
Bitget2026/11/05 05:00- AutoStore agreed to acquire Netherlands-based Logiqs for up to EUR 30 million.
- The acquisition will bring roaming pallet automated storage and retrieval technology into the buyer's fulfillment platform over time.
- Existing cash reserves will fund the purchase, which is not expected to materially affect financial results.
- Closing is expected in Q4 2026, subject to customary closing conditions.
- Logiqs employs 60 people, with warehouse technology deployed at approximately 30 customer sites across multiple markets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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