MPO bought by Kinaxis for $45 million
KINAXIS HAS acquired MPO, a European headquartered company that offers a unified global cloud-based SaaS platform for multi party orchestration of orders, inventory and transport.
In a deal that closed on August 15, 2022, Kinaxis acquired all the shares of MPO for approximately $45 million, consisting of approximately 75 percent cash and 25 percent equity consideration.
“Today’s more complex supply chain networks and higher customer expectations have shown the importance of outside-in thinking and improving the control of material in motion to accelerate and improve decision making. This acquisition will seamlessly activate supply chain concurrency from planning through last-mile execution,” said John Sicard, Kinaxis CEO. “We welcome the MPO team and their customers to the Kinaxis community. Uniting these two innovative platforms delivers end-to-end supply chain concurrency, visibility and knowledge across customers, suppliers, and the entire multienterprise business network.”
