Ingka Investments (Ingka Group) Acquires Locus
October 7, 2025
Ingka Investments, the investment arm of Ingka Group (IKEA's largest retailer), has acquired Locus, an AI-powered logistics technology company headquartered in the United States. The purchase brings Locus's route-optimization, real-time tracking and TMS capabilities in-house to strengthen IKEA's home delivery, capacity management and last-mile execution while allowing Locus to remain operationally independent and continue serving other enterprise customers.
- Targets
- Locus
- Industry
- Logistics & Distribution
- Location
- California, United States
- Transaction Type
- Buyout
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