Multimodal transportation software provider Kewill will acquire Four Soft, Hyderabad, India.
The acquisition is expected to assist Kewill to enhance its position in the supply chain execution software market.
Four Soft develops and markets logistics solutions for logistics service providers, retailers and manufacturers.
Four Soft has more than 400 customers, with in excess of 60,000 users across 120 countries.
The acquisition of Four Soft is part of our strategic plan to significantly grow the Kewill business over the next 5 years.
“At the completion of this acquisition, Kewill will have enhanced products, technology and domain skills, which will significantly improve our market leading position,” said Bob Farrell, CEO and president at Kewill.
Set up in 1972, Kewill has over 7,000 customers including Bayer, Black & Decker, DHL, Hankyu Hanshin, Hitachi, Ingersoll Rand, Mothercare, UPS, Scott’s & Co and TNT.
“Kewill will be able to better serve the customers of both companies and further fulfil the needs of the supply chain execution software market,” said Palem Srikanth Reddy, chairman & managing director of Four Soft.