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 enhance Körber's supply chain software capabilities, offering a more comprehensive, adaptable, and scalable portfolio.

The acquisition addresses the growing complexities of global supply chains, emphasizing the need for flexibility and resiliency. By integrating MercuryGate's multimodal optimization and rapid implementation expertise, Körber aims to lead in managing goods from procurement to fulfillment, reducing planning silos, and improving customer outcomes.

Key benefits for customers include solutions that connect inbound and outbound activities, a resilient platform with inventory visibility, and simulation capabilities for future strategies. Ed Auriemma, CEO of Körber Supply Chain Software, highlighted that the acquisition combines advanced technology and industry expertise to help businesses navigate dynamic supply chain environments.

Stephan Seifert, CEO of Körber, noted that this acquisition is a significant milestone in their growth strategy, extending their software portfolio and reinforcing their partnership with KKR. Joe Juliano, CEO of MercuryGate, added that the combined company will offer the broadest set of supply chain execution solutions globally.

Peter Rottier from Summit Partners, which partnered with MercuryGate in 2018, expressed excitement about the increased adoption of MercuryGate's solutions due to growing customer demand for shorter delivery times.

The transaction is subject to customary closing conditions and regulatory approvals. For more details, visit Körber Supply Chain Software's blog.

Körber Supply Chain Software delivers comprehensive solutions for complex global operations, while MercuryGate's Smart Transportation suite offers competitive advantages through AI, machine learning, and connected technologies. KKR, a global investment firm, supports growth in its portfolio companies and communities. Summit Partners, an alternative investment firm, has invested in over 550 companies across various growth sectors.