Körber acquires Enspire Commerce platform
THE INTRALOGISTICS firm has signed a definitive agreement to purchase enVista’s Enspire Commerce platform and its Freight Audit and Payment (FAP) service.
With this acquisition, Kӧrber becomes a single, global provider of omnichannel commerce, fulfillment and transportation software. By combining Kӧrber’s depth of software with enVista, organisations have means to align and digitise commerce and supply chain operations end-to-end.
“Körber is the trusted fulfillment and distribution technology partner for thousands of organisations worldwide,” said Chad Collins CEO Software, Körber Business Area Supply Chain. “Acquiring enVista’s commerce platform enables our customers to manage the life cycle of the order from multiple demand sources and network-wide inventory. The freight audit and payment service provides a single source of transportation visibility and tracking typically not available in ERP or TMS solutions. This, with the addition of enVista CEO Jim Barnes and 400 commerce and transportation experts, furthers our ambition to be a global supply chain software champion through an integrated solution suite.”
This announcement follows KKR’s acquisition of a significant minority stake in Körber’s supply chain software business in March 2022.
The transaction is subject to customary closing conditions and regulatory approvals.
For more information, visit www.koerber-supplychain.com
