Ingka Investments acquires U.S. logistics tech firm Locus

It provides AI-driven route optimisation and real-time tracking.

Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has acquired Locus, a U.S.-based logistics technology company.

The move gives IKEA greater control over home delivery, a key part of the customer experience.

Locus offers an AI-powered logistics platform with route optimisation, real-time tracking, and smarter use of vehicles and resources.

Integrating this technology will improve efficiency across IKEA’s supply chain, from warehouse management to last-mile delivery.

The acquisition comes as online sales grow, making up 28% of IKEA’s total sales in FY24, up from 11% in FY19.

Locus complements previous technology investments, including Made4net for warehouse management and TaskRabbit for furniture assembly.

Locus will remain operationally independent whilst continuing to serve other partners, supporting innovation and growth for both companies.