Strategic partnership to create enhanced end-to-end capabilities for customers amid increasing supply chain complexity
Körber, an international technology group, and KKR, a leading global investment firm, today announced that KKR has acquired a significant minority stake in Körber’s supply chain software business. This strategic partnership is expected to enable Körber’s supply chain software business to become a global leader with enhanced end-to-end solutions for customers worldwide. Financial terms of the transaction were not disclosed.
Structural trends and market forces, including e-commerce, multi-channel, and micro-fulfilment, are amplifying the need for digital solutions to handle increased volume and overcome greater supply chain complexity.
KKR will work with Körber’s supply chain software business to pursue organic and inorganic growth strategies to expand the company’s geographic footprint, accelerate the transition to SaaS, automation and robotics, as well as to develop innovative digital solutions to support customers amid increasing warehouse automation and supply chain localization.
Read more/Source: PE News Wire
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