Ingka Group boosts e-commerce growth with AI-driven logistics acquisition of Locus

Ingka Group boosts e-commerce growth with AI-driven logistics acquisition of Locus

(IN BRIEF) Ingka Investments, the investment arm of Ingka Group — IKEA’s largest retail operator — has acquired U.S.-based logistics technology company Locus to strengthen IKEA’s digital and fulfilment capabilities. Locus’s AI-driven logistics platform optimizes delivery routes, resource allocation, and real-time tracking, supporting IKEA’s growing online sales, which reached 28% of total sales in FY24. The acquisition complements previous digital investments in Made4net and TaskRabbit and enhances IKEA’s supply chain efficiency. Locus will remain an independent entity, continuing to serve its global clients while partnering with Ingka Group to accelerate delivery innovation and sustainability.

(PRESS RELEASE) LEIDEN, 8-Oct-2025 — /EuropaWire/ — Ingka Investments, the investment arm of Ingka Group — the largest IKEA retailer — has announced the acquisition of Locus, a leading logistics technology company headquartered in the United States. The move marks a major milestone in IKEA’s ongoing digital transformation, giving the retailer greater control over one of the most critical aspects of the customer journey: efficient and seamless home delivery.

In an era where customers expect speed, precision, and transparency in every order, IKEA has historically relied on third-party logistics providers to manage fulfilment and last-mile delivery. By bringing Locus’s advanced logistics technology in-house, Ingka Group strengthens its digital infrastructure and reinforces its commitment to improving delivery performance and customer satisfaction across all markets.

Locus’s AI-powered logistics management platform offers advanced route optimization, real-time shipment tracking, and intelligent vehicle and resource allocation. Integrating this technology will enhance IKEA’s end-to-end supply chain efficiency, from capacity planning to last-mile delivery execution, supporting the company’s long-term goal of building a faster, smarter, and more sustainable distribution network.

Tolga Öncü, Head of IKEA Retail (Ingka Group), commented: “This acquisition aligns perfectly with our commitment to improving the customer journey at every touchpoint. By bringing Locus’s technology in-house, we’re taking control of a crucial element in our fulfilment chain, allowing us to deliver with greater speed and flexibility to the many.”

The acquisition also comes at a pivotal time for IKEA’s retail evolution, with online sales now accounting for 28% of total IKEA retail sales in FY24, up from 11% in FY19. The integration of Locus follows earlier strategic digital investments such as Made4net, focused on warehouse management, and TaskRabbit, which expanded IKEA’s furniture assembly and home service offerings.

Parag Parekh, Global Chief Digital Officer for IKEA Retail (Ingka Group), added: “Our vision is to create a better everyday life for the many, and that includes delivering products when and how customers want them. This acquisition strengthens the digital capabilities required to meet rising customer expectations while ensuring the quality and reliability IKEA is known for.”

Nishith Rastogi, Founder and CEO of Locus, described the acquisition as a milestone for the company: “Joining the IKEA family marks a historic milestone for Locus and the customers we serve. This partnership preserves our independence and ensures our perpetuity while unlocking the scale and resources to serve our global enterprise customers with unmatched research and development.”

Following the acquisition, Locus will remain operationally independent, continuing to serve enterprise partners beyond Ingka Group while working closely with IKEA to improve logistics speed, sustainability, and scalability. The structure ensures both companies maintain their innovative edge while contributing to the retailer’s broader digital transformation strategy.

Goldman Sachs acted as the exclusive financial advisor to Ingka Investments B.V. in connection with the transaction.

About Ingka Investments
Ingka Investments is the investment arm of Ingka Group, the largest IKEA retailer. They invest in assets, manage companies, and operate strategic businesses to preserve and create value for Ingka Group and IKEA – now, and for generations to come. Taking a long-term approach, they responsibly invest across six strategic areas: forestland, renewable energy, real estate, circular, financial markets, and business acquisitions and venture investments. Ingka Investments acquires and invests in businesses that drive transformation for IKEA Retail across five focus areas: logistics and fulfilment, home furnishing services, financial services, life at home services, and sustainable food production.

About Ingka Group
With IKEA retail operations in 31 markets, Ingka Group is the largest IKEA retailer and represents about 90% of IKEA retail sales. It is a strategic partner to develop and innovate the IKEA business and help define common IKEA strategies. Ingka Group owns and operates IKEA sales channels under franchise agreements with Inter IKEA Systems B.V. It has three business areas: IKEA Retail, Ingka Investments and Ingka Centres. Read more on Ingka.com.

About Locus 

Locus is an agentic Transportation Management System for all-mile, all-channel. The platform unifies orders, capacity, and carrier networks into one living plan, aligning planning, execution and settlement so promises become proof. AI co-pilots with guardrails surface risks early and recommend the next best move to protect SLAs and reduce empty miles. Built for real-world constraints, Locus has been battle-tested in 350+ deployments across 30+ countries. Following its acquisition by Ingka Group, Locus will remain independent under its own brand and leadership, continue serving enterprises beyond Ingka Group, and partner with IKEA to improve delivery speed, reliability, and sustainability at scale. 

For further information, journalists and media professionals can contact us at press.office@ingka.com or by calling +46 70 993 6376.

SOURCE: Ingka Holding B.V