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Körber And KKR Announce The Strategic Acquisition Of MercuryGate; No Financial Terms Disclosed

Author: Benzinga Newsdesk | August 06, 2024 10:31am

Combined portfolio expands global supply chain execution solutions, delivering increased flexibility, scalability and resiliency to customers.

Körber Supply Chain Software, a joint venture between Körber AG and KKR, and leader in end-to-end supply chain software solutions, signed a binding agreement to acquire MercuryGate International Inc., a leading provider of transportation management systems (TMS). MercuryGate is known for its strong capabilities in multimodal optimization and execution, as well as its expertise and capabilities in driving rapid implementation and time to value. The acquisition is a strategic move that extends Körber Supply Chain Software's capabilities in delivering a comprehensive, innovative, adaptable and scalable supply chain execution portfolio.

The complexities of global supply chains continue to grow, and the need for flexibility and resiliency has never been greater. Operators demand ever-increasing adaptability and scalability in supply chain execution solutions to innovate and expand. By extending its portfolio of solutions across all supply chain execution operations, Körber Supply Chain Software will become a leader in managing the movement of goods from procurement to receipt and fulfillment to the end consumer, reducing planning silos, accelerating resolution of issues, and improving customer and business outcomes. Bringing Körber Supply Chain Software and MercuryGate together will enable customers to benefit from:

  • Solutions that connect across inbound and outbound supply chain activities, improving cost efficiencies and customer experiences by optimizing placement, usage, and routing of goods.
  • A resilient and reliable supply chain platform with visibility across inventory pools, enabling customers to identify growth opportunities as well as predict and rapidly respond to potential disruptions.
  • Simulation capabilities to evaluate future supply chain strategies and understand ROI across their local and global business.

Posted In: KKR

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