Körber Supply Chain Software completes acquisition of MercuryGate to create a scalable and customizable supply chain execution software suite
announces Tim Moylan as Chief Commercial Officer; Appoints MercuryGate Chief Technology Officer (CTO) Beth Hendriks as CTO of Körber Supply Chain Software
Körber Supply Chain Software, a joint venture between Körber AG and KKR, and a leader in end-to-end supply chain solutions, today announced the completion of its acquisition of MercuryGate International Inc., a leading provider of transportation management systems (TMS). This milestone acquisition is one of the largest in the supply chain software industry this year and adds approximately 25 percent to Körber Supply Chain Software’s annual net revenue.
It significantly enhances Körber Supply Chain Software’s vision to provide solutions for the entire supply chain in one suite to deliver higher efficiency and visibility, from the initial order (order management) to the warehouse (warehouse management) through transportation to the door (transport and freight), reducing planning. silos and accelerating problem resolution for better customer and business outcomes. With the comprehensive data and insights from across the supply chain execution suite, customers will find new opportunities for operational innovation and improved decision-making capabilities.
“The acquisition of MercuryGate is a key accelerator in providing our customers with the flexibility to choose the best products or integrated suites that best meet their specific operational and business needs,” said Ed Auriemma, CEO of Körber Supply Chain Software. ” Our commitment is to meet our customers where they are, to create the future they need, to understand their unique challenges and to deliver solutions that solve today’s problems while anticipating tomorrow’s opportunities .”
Today, Körber Supply Chain Software also announced Tim Moylan as the company’s first Chief Commercial Officer and Beth Hendriks as its new Chief Technology Officer. “We are delivering resilient operations with enhanced visibility and control that will help our customers innovate to drive business growth,” said Auriemma. “With the addition of Beth and Tim, we can deepen our commitment to helping our customers navigate the complexities of modern supply chains with confidence and grow as our customers grow.”
Tim Moylan will lead and scale Körber Supply Chain Software’s global sales and demand generation organization. He brings more than 30 years of experience leading, building and growing high-performing sales and marketing teams. Most recently, he was Executive Vice President of Sales and Marketing at TechnologyOne, Australia’s largest SaaS company. Previously, Tim held senior management positions, including President of the Americas at Microfocus and President of APAC at Infor. He has worked with global technology companies such as HP and SAP, where in each role he contributed significantly and led growth initiatives across all sales channels.
“I am pleased to be joining Körber Supply Chain Software at this pivotal time,” said Moylan. “The integration of MercuryGate’s TMS expands our ability to deliver accurate, efficient logistics solutions worldwide. With the comprehensive solution package, we can reaffirm our commitment to being more than just suppliers: we are partners investing in the resilience and adaptability of our customers as they grow.”
Beth Hendriks, currently Chief Technology Officer at MercuryGate, has been appointed Chief Technology Officer at Körber Supply Chain Software to maintain a strong focus on research and development and deliver robust technology that enables rapid feature delivery and faster time-to- -value by implementation guarantees. Beth brings more than 30 years of experience in accelerating R&D and delivering product roadmaps with a customer-centric focus. She joined MercuryGate after a successful career at Oracle as a cloud strategist and business architect. Previously, she was SVP and Chief Technology Officer at SciQuest/JAGGAER.
“Our combined solutions drive our ability to lead the way in supply chain execution. By bringing the companies together, we are better positioned to innovate and deliver robust and flexible solutions that can adapt to the dynamic needs of our customers. I look forward to leading our engineering teams to push the boundaries of what our software can achieve,” said Hendriks.
Read more about this new approach here: https://www.koerber-supplychain-software.com/en/mercury-gate.
About Körber Supply Chain Software
Körber Supply Chain Software is the partner of choice for organizations that need comprehensive and intelligent supply chain execution software solutions that can adapt and scale to their requirements. Körber Supply Chain Software delivers comprehensive solutions for its customers, offering greater efficiency and transparency, from order management to global end-to-end inventory flow within the most complex global supply chain operations. Körber Supply Chain Software GmbH is a joint venture between Körber AG, a leading international technology group, and KKR, a leading global investment firm offering alternative asset management, capital markets and insurance solutions.
Read more about Körber Supply Chain Software (koerber-supplychain-software.com).
About MercuryGate
MercuryGate’s Smart Transportation™ suite provides powerful transportation and logistics management solutions proven to be a competitive advantage for today’s most successful shippers, 3PLs, brokers and carriers. The comprehensive Software-as-a-Service (SaaS) product suite natively supports all transportation modes and segments and generates value for users through improved costs, productivity and efficiency using artificial intelligence (AI), machine learning (ML) and connected technologies to customize and automate transportation management functions. Smart Transportation makes shipping intelligent, simple, sustainable and transformative for customers. Learn more about MercuryGate at https://mercurygate.com/.
About Korber
We are Körber – an international technology group with more than 12,000 employees in more than 100 locations worldwide and a common goal: we translate entrepreneurial thinking into customer success and shape technological change. In the Digital, Pharma, Supply Chain and Technologies Business Areas we offer products, solutions and services that inspire. We respond quickly to customer wishes, implement ideas seamlessly and create added value for our customers with our innovations. We are increasingly building ecosystems that solve the challenges of today and tomorrow. Körber AG is the holding company of the Körber Group: http://www.koerber.com/en.
About KKR
KKR is a leading global investment firm providing alternative asset management, capital markets and insurance solutions. KKR aims to generate attractive investment returns by taking a patient and disciplined investment approach, employing world-class people and supporting the growth of its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer pension, life and reinsurance products managed by Global Atlantic Financial Group. References to KKR’s investments may refer to the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), you can visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit the Global Atlantic Financial Group website at https://www.globalatlantic.com/.
Kathleen Fischer
Director, Corporate Communications
Körber Supply Chain Software
[email protected]
330.289.3342
View the source version on businesswire.com: https://www.businesswire.com/news/home/20240930686695/en/