Supply chain design software provider LLamasoft has bought the European and US business of Barloworld Supply Chain Software, a division of automotive distributor, Barloworld. The acquisition includes all technology, software applications and staff. The buyout does not include Barloworld SCS’s key territories of South Africa and the United Arab Emirates, where the two companies will work in partnership.
Llamasoft did not disclose any financial details of the deal but said the combined companies would have more than $50m in revenue this year and a customer base that includes more than 500 of the world’s largest and best known companies.
Referencing Llamasoft’s co-presentation with GM at this year’s Automotive Logistics Global conference in Detroit, Ginger Stegmier, vice president of global marketing at Llamasoft, said that the latest acquisition would only serve to further increase the company’s “domain expertise” in the automotive sector through the combined customer base.
Barloworld Supply Chain Software provides supply chain planning and optimisation software for Jaguar Land Rover and logistics provider DHL, amongst others.