Körber and KKR announce the strategic acquisition of MercuryGate to strengthen their supply chain software business
Körber Supply Chain Software, a joint venture between Körber AG and KKR, has signed a binding agreement to acquire MercuryGate International Inc., a leading provider of transportation management systems (TMS). This strategic acquisition aims to strengthen Körber's supply chain software business by expanding its global supply chain execution solutions.
The combined portfolio will offer customers increased flexibility, scalability, and resiliency in managing complex global supply chains. Key benefits include:
- Connected solutions across inbound and outbound supply chain activities
- A resilient supply chain platform with improved visibility
- Simulation capabilities for evaluating future strategies
The acquisition is subject to customary closing conditions and regulatory approvals.
Körber Supply Chain Software, una joint venture tra Körber AG e KKR, ha firmato un accordo vincolante per acquisire MercuryGate International Inc., un fornitore leader di sistemi di gestione dei trasporti (TMS). Questa acquisizione strategica ha l'obiettivo di rafforzare il business del software per la supply chain di Körber espandendo le sue soluzioni globali di esecuzione della supply chain.
Il portafoglio combinato offrirà ai clienti maggiore flessibilità, scalabilità e resilienza nella gestione di complesse catene di approvvigionamento globali. I principali benefici includono:
- Soluzioni connesse per le attività della supply chain in ingresso e in uscita
- Una piattaforma per la supply chain resiliente con una visibilità migliorata
- Capacità di simulazione per valutare strategie future
L'acquisizione è soggetta a condizioni di chiusura abituali e approvazioni regolatorie.
Körber Supply Chain Software, una empresa conjunta entre Körber AG y KKR, ha firmado un acuerdo vinculante para adquirir MercuryGate International Inc., un proveedor líder de sistemas de gestión de transporte (TMS). Esta adquisición estratégica tiene como objetivo fortalecer el negocio de software de la cadena de suministro de Körber ampliando sus soluciones de ejecución de la cadena de suministro a nivel mundial.
El portafolio combinado ofrecerá a los clientes mayor flexibilidad, escalabilidad y resiliencia en la gestión de complejas cadenas de suministro globales. Los beneficios clave incluyen:
- Soluciones conectadas a través de actividades de la cadena de suministro entrante y saliente
- Una plataforma de cadena de suministro resiliente con mejor visibilidad
- Capacidades de simulación para evaluar estrategias futuras
La adquisición está sujeta a condiciones de cierre habituales y aprobaciones regulatorias.
Körber Supply Chain Software는 Körber AG와 KKR의 합작투자로, 운송 관리 시스템(TMS) 분야의 선두주자인 MercuryGate International Inc.를 인수하기 위해 구속력 있는 계약을 체결했습니다. 이번 전략적 인수는 Körber의 공급망 소프트웨어 사업을 강화하고 글로벌 공급망 실행 솔루션을 확장하는 것을 목표로 하고 있습니다.
결합된 포트폴리오는 고객에게 복잡한 글로벌 공급망 관리에서 유연성, 확장성 및 복원력을 증가시킬 것입니다. 주요 이점은 다음과 같습니다:
- 투입 및 산출 공급망 활동 간의 연결된 솔루션
- 개선된 가시성을 가진 복원력 있는 공급망 플랫폼
- 미래 전략 평가를 위한 시뮬레이션 기능
인수는 관례적인 마감 조건 및 규제 승인에 따라 진행됩니다.
Körber Supply Chain Software, une coentreprise entre Körber AG et KKR, a signé un accord contraignant pour acquérir MercuryGate International Inc., un fournisseur de premier plan de systèmes de gestion des transports (TMS). Cette acquisition stratégique vise à renforcer l'activité de logiciel de chaîne d'approvisionnement de Körber en élargissant ses solutions d'exécution de la chaîne d'approvisionnement à l'échelle mondiale.
Le portefeuille combiné offrira aux clients une flexibilité, une évolutivité et une résilience accrues dans la gestion de chaînes d'approvisionnement mondiales complexes. Les principaux avantages incluent :
- Des solutions connectées pour les activités de chaîne d'approvisionnement entrantes et sortantes
- Une plateforme de chaîne d'approvisionnement résiliente avec une visibilité améliorée
- Des capacités de simulation pour évaluer les stratégies futures
L'acquisition est soumise à des conditions de clôture habituelles et à des approbations réglementaires.
Körber Supply Chain Software, ein Joint Venture zwischen Körber AG und KKR, hat einen verbindlichen Vertrag zur Übernahme von MercuryGate International Inc., einem führenden Anbieter von Transportmanagementsystemen (TMS), unterzeichnet. Diese strategische Akquisition zielt darauf ab, das Supply-Chain-Softwaregeschäft von Körber zu stärken, indem die globalen Supply-Chain-Execution-Lösungen erweitert werden.
Das kombinierte Portfolio wird den Kunden mehr Flexibilität, Skalierbarkeit und Resilienz im Umgang mit komplexen globalen Lieferketten bieten. Zu den wichtigsten Vorteilen gehören:
- Verbundene Lösungen für eingehende und ausgehende Aktivitäten in der Lieferkette
- Eine resiliente Lieferkettenplattform mit verbesserter Sichtbarkeit
- Simulationsfähigkeiten zur Bewertung zukünftiger Strategien
Die Übernahme steht unter dem Vorbehalt üblicher Abschlussbedingungen und regulatorischer Genehmigungen.
- Expansion of Körber's supply chain execution solutions portfolio
- Enhanced capabilities in multimodal optimization and execution
- Improved visibility across inventory pools for customers
- Potential for integrated processes and faster decision-making
- Creation of a unified supply chain execution suite
- Integration challenges may arise from combining two companies
- Potential regulatory hurdles before closing the acquisition
Insights
This acquisition is a strategic move for Körber Supply Chain Software to expand its capabilities in the supply chain execution market. While financial details aren't disclosed, the deal likely involves a significant investment. The combination of Körber's existing portfolio with MercuryGate's TMS solutions could lead to increased market share and revenue growth. Investors should note the potential for synergies and cross-selling opportunities across the expanded customer base. However, integration challenges and costs could impact short-term profitability. The SaaS-based model of MercuryGate's TMS aligns with industry trends towards cloud solutions, potentially driving recurring revenue streams. Overall, this acquisition positions Körber more competitively in the growing supply chain software market.
This acquisition significantly enhances Körber's technological capabilities in the supply chain sector. MercuryGate's multimodal optimization and rapid implementation expertise address critical pain points in the industry. The integration of MercuryGate's TMS with Körber's existing solutions could create a comprehensive supply chain execution suite, offering end-to-end visibility and optimization. Key technological benefits include:
- Improved cross-functional integration reducing planning silos
- Enhanced simulation capabilities for strategic decision-making
- Real-time optimization across the supply chain
This tech stack expansion positions Körber to better compete with major players in the supply chain software market, potentially driving innovation in areas like AI-driven optimization and predictive analytics.
This acquisition reflects broader market trends in the supply chain software industry. The growing complexity of global supply chains and increasing demand for flexibility and resilience are driving consolidation and expansion of capabilities among software providers. Key market implications include:
- Increased competition in the integrated supply chain execution software space
- Growing importance of end-to-end visibility and optimization solutions
- Rising demand for cloud-based, scalable platforms
The deal also highlights the strategic value of transportation management systems in the broader supply chain ecosystem. For investors, this move signals potential for market share growth and expanded revenue opportunities in the rapidly evolving supply chain software market.
Combined portfolio expands global supply chain execution solutions, delivering increased flexibility, scalability and resiliency to customers.
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.
“Our customers navigate dynamic, volatile supply chain environments under increasingly high expectations for order fulfillment,” said Ed Auriemma, CEO of Körber Supply Chain Software. “With the acquisition of MercuryGate, Körber Supply Chain Software is poised to offer an unparalleled combination of advanced technology and deep industry expertise to create innovative processes to help businesses manage these challenges.”
The acquisition of MercuryGate will establish a critical pillar of Körber’s ambition to create a unified supply chain execution suite that can offer real-time optimization and collaboration across the supply chain. Customers will benefit from integrated processes across functions, faster and more accurate decision-making and the ability to mitigate risks and disruptions more effectively.
Stephan Seifert, Chief Executive Officer of Körber, said: “This acquisition illustrates our power to execute our ambitious growth strategy, substantially extends our existing supply chain software portfolio, and is a significant milestone to becoming our customers’ first choice regardless of their challenge. Furthermore, it is proof that our trustful strategic cooperation with KKR results in additional value for our customers.”
“The addition of MercuryGate’s multimodal, SaaS-based TMS to Körber’s supply chain software business will create a comprehensive, value-driving, supply chain offering for global industry leaders,” commented Joe Juliano, CEO of MercuryGate. “The combined company is positioned to deliver the broadest and deepest set of supply chain execution software solutions available worldwide.”
Peter Rottier, a Managing Director at Summit Partners, which first partnered with MercuryGate in 2018, added, “We believed that global supply chains and growing customer demand for shorter order-to-delivery times would support increased adoption of solutions like MercuryGate’s that are designed to help shippers and logistics providers mitigate the costs and complexity associated with transportation. It’s been exciting to work alongside the MercuryGate team as they executed against this vision.”
The transaction is subject to customary closing conditions and regulatory approvals.
For more details about this acquisition, please read our blog from Körber Supply Chain Software CTO, Sean Elliott.
About Körber Supply Chain Software
Körber Supply Chain Software is the partner of choice for organizations that require comprehensive and intelligent supply chain execution software solutions that can adapt and scale to their requirements. Körber Supply Chain Software delivers comprehensive solutions for its customers, offering greater efficiency and transparency from order management through global end-to-end inventory flow within the most complex global supply chain operations. Körber Supply Chain Software GmbH is a joint venture of Körber AG, a leading international technology group and KKR, a leading global investment firm that offers alternative asset management, capital markets and insurance solutions. Find out more on https://www.koerber-supplychain-software.com/.
About Körber
We are Körber – an international technology group with more than 12,000 employees at over 100 locations worldwide and a common goal: We turn entrepreneurial thinking into customer success and shape the technological change. In the Business Areas Digital, Pharma, Supply Chain, and Technologies, we offer products, solutions and services that inspire. We act fast to customer needs, we execute ideas seamlessly, and with our innovations we create added value for our customers. In doing so, we are increasingly building on ecosystems that solve the challenges of today and tomorrow. Körber AG is the holding company of the Körber Group: http://www.koerber.com/en
About MercuryGate
MercuryGate’s Smart Transportation™ suite provides powerful transportation and logistics management solutions proven to be a competitive advantage for today’s most successful shippers, 3PLs, brokers, and carriers. The comprehensive Software-as-a-Service (SaaS) product suite natively supports all transportation modes and segments, generating value for its users through improved cost, productivity, and efficiency using artificial intelligence (AI), machine learning (ML), and connected technologies to adapt and automate transportation management functions. Smart Transportation makes shipping intelligent, simple, sustainable, and transformative for customers. Learn more about MercuryGate at https://mercurygate.com/.
About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at https://www.globalatlantic.com/.
About Summit Partners
Founded in 1984, Summit Partners is a global alternative investment firm with capital dedicated to growth equity, fixed income, and public equity opportunities. Summit invests across growth sectors of the economy and has invested in more than 550 companies in technology, healthcare, and other growth industries. Summit maintains offices in
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Lena Wouters
Head of Brand & Communications Strategy
Körber AG
T: +49 40 211 07 473
E-mail: lena.wouters@koerber.com
Contact trade media:
Lucy Millington
VP Brand & Corporate Communications
Körber Supply Chain Software
T: + 44 7539 473855
E-mail: lucy.millington@koerber-supplychain.com
Source: Körber Supply Chain Software
FAQ
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