Supply Chain Management
Kinaxis, a supply chain management software provider, acquired MPO, a European firm that provides a unified global cloud-based SaaS platform for multi-party order, transport, and inventory acquisition.
Kinaxis acquired all of MPO’s shares for approximately $45 million in a deal that closed on August 15, 2022, consisting of roughly 25% equity and 75% cash consideration. The precise amount of equity considered will be determined by the level of achievement of specific revenue and execution goals in the near term.
The integration of Kinaxis’ Rapid Response planning and MPO’s Multi-Party Orchestration execution will deliver a complete real-time picture of every order across the lifecycle, from planned commitment to ultimate delivery, the firm said in a statement.
Planners can react to transportation disruptions and dynamically respond. Logistics teams can incorporate the strategic impacts of their execution activities rather than treating these areas as separate teams.
This full digitization for manufacturers, logistics service providers, and brand owners will unlock supply chain agility and resiliency to improve the end-to-end customer experience, financial outcomes, and sustainability.
MPO will continue to run as a separate business.
John Sicard, CEO of Kinaxis, said the acquisition would seamlessly activate supply chain concurrency from planning through last-mile execution.