Ingka Investments, a unit of Ikea franchisee Ingka Group, has acquired US-based logistics technology company Locus. The financial terms of the deal have not been revealed. Ikea aims to enhance digital capabilities, improve shopping, and delivery for customers by integrating Locus’s AI-driven logistics platform with advanced features.

Locus provides AI-driven logistics management tools like route optimization and real-time tracking. This acquisition will help Ingka Group enhance supply chain efficiency, from capacity management to last-mile execution. Ikea’s goal is to establish a quicker, smarter distribution network to meet the rising demand for online sales, which surged to 28% of total retail sales in FY24.

The move complements previous tech investments such as Made4net and TaskRabbit. Ikea Retail’s global chief digital officer emphasizes the acquisition’s role in meeting customer expectations. The company’s vision is to create a better everyday life by delivering products when and how customers desire, ensuring quality and reliability.

In August 2025, Ingka Group announced a leadership change, with Juvencio Maeztu succeeding Jesper Brodin as CEO and president. Maeztu, the deputy CEO with 25 years at Ikea, takes over from Brodin after his 30-year tenure. The acquisition of Locus strengthens Ingka Group’s commitment to enhancing digital capabilities for customer satisfaction.

Read more at Yahoo Finance: Ikea franchisee Ingka Group buys US logistics tech provider Locus