A legally binding deal was announced by Körber Supply Chain Software to buy MercuryGate International, a company well-known for its MercuryGate transportation management system. This morning the arrangement was made public. No terms were disclosed. Regulatory approvals and usual closing conditions apply to the transaction.

Software for multimodal optimization and execution is an area of expertise for MercuryGate. The acquisition expands Körber Supply Chain Software's supply chain capabilities. Körber AG and KKR jointly own the company.

Ed Auriemma, CEO of Körber Supply Chain Software, stated in a statement, "Our customers navigate dynamic, volatile supply chain environments under increasingly high expectations for order fulfillment." "Körber Supply Chain Software is poised to offer an unmatched combination of cutting-edge technology and deep industry expertise to create innovative processes to help businesses manage these challenges," the company said in reference to the acquisition of MercuryGate.

An increasing number of businesses are searching for end-to-end technological solutions due to the complexity of global supply chains. According to Körber Supply Chain Software, clients of both companies will experience the following advantages: Solutions that optimize the placement, use, and routing of items to improve cost efficiencies and customer experiences throughout inbound and outbound supply chain activities. A robust and dependable supply chain platform that offers insight throughout inventory pools, allowing clients to recognize opportunities for expansion and anticipate and react quickly to possible disruptions. Simulation skills to assess supply chain strategies for the future and comprehend return on investment for both local and international businesses.

According to Körber CEO Stephan Seifert, "this acquisition demonstrates our ability to execute our ambitious growth strategy, significantly expands our current supply chain software portfolio, and is a significant milestone to becoming our customers’ first choice regardless of their challenge." "Moreover, it serves as evidence that our reliable strategic partnership with KKR adds value for our clients."

According to Körber Supply Chain Software, the merged businesses will streamline the management of goods movement, providing solutions for everything from procurement to receipt and fulfillment to the final customer. This will minimize planning silos, speed up issue resolution, and enhance customer and business outcomes. "MercuryGate's multimodal, SaaS-based TMS will create a comprehensive, value-driving supply chain offering for global industry leaders," stated Joe Juliano, CEO of MercuryGate, in reference to Körber's supply chain software firm. "The combined business is well-positioned to offer the most extensive and comprehensive range of supply chain management software solutions on the market today."