Körber Supply Chain Software, a joint venture between Körber AG and KKR, and end-to-end supply chain software offering provider, signed a binding agreement to acquire MercuryGate International Inc., a provider of transportation management systems (TMS).
The acquisition, according to Korber, is a strategic move that extends the company’s capabilities in delivering a comprehensive, innovative, adaptable and scalable supply chain execution portfolio. The transaction is subject to customary closing conditions and regulatory approvals.
MercuryGate’s role in the Körber ecosystem
MercuryGate is known for its capabilities in multimodal optimization and execution, as well as its expertise and capabilities in driving rapid implementation and time to value.
“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 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.
“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,” said 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.”
By extending its portfolio across all supply chain execution operations, Körber Supply Chain Software will further manage 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.
With the acquisition, customers can expect:
- Offerings 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.
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.
“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,” said Stephan Seifert, CEO of Körber. “Furthermore, it is proof that our trustful strategic cooperation with KKR results in additional value for our customers.”
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