Körber Acquires MercuryGate to Enhance Supply Chain Software
Körber Supply Chain Software, a joint venture between Körber AG and KKR, has agreed to acquire MercuryGate International Inc., a provider of transportation management systems. The acquisition expands its supply chain software capabilities.
Hamburg, Germany – August 6, 2024 – Körber Supply Chain Software, a joint venture formed by Körber AG and KKR, has signed an agreement to acquire MercuryGate International Inc. MercuryGate is a prominent provider of transportation management systems (TMS).
The acquisition represents a strategic move to expand Körber Supply Chain Software's portfolio of end-to-end supply chain execution solutions. It aims to deliver increased flexibility, scalability, and resilience to customers managing complex global supply chains.
By integrating MercuryGate's expertise in multimodal transportation optimization and rapid implementation, Körber intends to offer a more comprehensive suite of tools. This consolidation is designed to reduce planning silos and improve overall business outcomes by optimizing the movement of goods from procurement to final delivery.
The transaction is subject to customary closing conditions and regulatory approvals. The combined entity plans to create a unified supply chain execution suite facilitating real-time optimization and collaboration across logistics operations.