Körber Strengthens Supply Chain Footprint with Stellium Acquisition

Körber, a key player in the supply chain consulting arena, has announced a strategic agreement to acquire a majority stake in Stellium, a Houston-based firm specializing in supply chain solutions. With this acquisition, Stellium will be integrated into a new entity referred to as Körber Stellium, once the deal is finalized.

About Stellium

Stellium leverages SAP tools to enhance the efficiency of supply chains and manufacturing processes for businesses around the globe. With a presence in North America, the Middle East, and India, Stellium boasts a diverse clientele and extensive industry knowledge. This partnership aligns with Körber’s ongoing efforts to enrich its own supply chain operations through advanced consulting and innovative software solutions.

Benefits of the Acquisition

Körber’s acquisition of Stellium serves to bolster its capabilities in key markets and injects additional SAP expertise into its growing portfolio. Both companies are focused on empowering their customers to construct resilient supply chains capable of adapting to change and thriving even amid challenging global conditions.

Leadership Insights

Stephan Seifert, CEO of Körber, emphasized the importance of this acquisition, stating, “Strengthening our software consulting capabilities with Stellium is a strategic step in advancing our vision of market leadership through technology leadership.” He expressed confidence that this move will allow Körber to expand its reach and assist customers in navigating the challenges and opportunities that lie ahead in supply chain management.

Randeep Nambiar, CEO of Stellium, referred to the acquisition as “a defining moment for Stellium and, more importantly, for our customers.” He believes that the newly formed entity will be strategically positioned to develop supply chains that are agile and robust, prepared to meet future demands effectively.

Conclusion

This acquisition marks a pivotal moment for both Körber and Stellium, signaling their commitment to innovation in supply chain management. As they combine forces, customers can expect enhanced services and solutions tailored to navigate an ever-evolving marketplace.