Global investment company KKR has acquired a significant minority stake in Körber’s supply chain software business. Körber, an international technology group headquartered in Hamburg, Germany, should be poised to compete in the supply chain software space by offering enhanced end-to-end solutions as a result of the partnership with KKR. Körber’s supply chain software vertical is already a top provider of warehouse management software globally, and the new partnership and investment is expected to strengthen its growth strategies for both the near future and long run.
As part of the alliance, KKR will assist Körber as it expands its geographical footprint, quickens the transition to SaaS, and develops new digital solutions to tackle problems across the supply chain. The companies also hope to expand Körber’s suite of technologies from internal warehouse operations to external processes such as transportation management and order management systems. Executives from both companies are optimistic about the partnership’s future and the expedition of Körber’s supply chain software growth plan. KKR is a highly active investor committed to building leading global technology enterprises, and both companies hope to positively impact urgent supply chain needs worldwide.