Does Fortis have debt?
No, Fortna does not own AutoStore. Fortna is a global industrial engineering and software company that specializes in warehouse automation and supply chain optimization, often working as a systems integrator. AutoStore, on the other hand, is a specific robotic technology company that manufactures high-density storage and retrieval systems. While the two companies may partner on projects—where Fortna might design a warehouse solution that utilizes AutoStore’s robotic technology for a client—there is no ownership or parent-subsidiary relationship between them. AutoStore is an independent company that licenses its technology to various integrators around the world. These businesses operate as distinct entities with their own strategies, product development pipelines, and corporate leadership, and they collaborate in the marketplace to deliver complex, automated supply chain solutions to end-users who need high-efficiency warehousing and order fulfillment.
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