OTS - Körber to Shape Supply Chain of the Future in Latin America with Majority Stake Investment in Otimis (part 1)
2020. January 08. 15:00
Hamburg/Blumenau, 8 January, 2020. (APA/OTS) - The Körber Group
continues to invest in its Business Area Logistics Systems,
acquiring a majority stake in Brazil-based Otimis Ltda. The supply
chain management software and consulting company grows and
strengthens warehousing and logistics operations for customers
across the globe. The acquisition became effective as of December
18, 2019.
In light of advances in technology and digitization of supply
chain processes, companies are looking for supply chain technology
partners that can service them on a global basis. To address this
market demand for global providers, Körber Logistics Systems has
extended its service and support capabilities into Latin America
with addition of Otimis. Otimis extends Körber's existing customer
service capabilities in North America, Europe and the Asia Pacific
(APAC) region.
Otimis has been an implementation partner and reseller of the
supply chain management solutions of Körber Logistics' company
HighJump since 2004. By joining Körber, Otimis now has access to a
complete portfolio of supply chain technologies including supply
chain management software, industrial voice solutions, autonomous
mobile robotics (AMR) and material handling automation.
Otimis has locations in Blumenau and Sao Paulo, Brazil and
Santiago, Chile, with plans for expansion in Mexico. This follows
Körber's recent acquisition of the majority stake in the Cohesio
Group, the leading integrator of voice-directed and AMR solutions
for logistics in APAC.
"This is a further component of our successful
internationalization strategy," says Stephan Seifert, Chairman of
the Executive Board of Körber AG. "With Otimis, we have an ideal
basis for further growth in Latin America and for offering our
customers market-leading logistics solutions".
"The trusted and successful cooperation that has grown over the
years between HighJump and Otimis has encouraged us to take the
next step - bringing Otimis under the Körber umbrella," adds Dirk
Hejnal, CEO of the Business Area Logistics Systems. "Essentially a
beachhead in the region, the addition of Otimis to Körber Logistics
empowers us, along with companies worldwide, with another means to
think globally, while executing locally".
Hélcio Lenz, founder and CEO of Otimis, says: "Our local roots
coupled with the strength of the global Körber network are ideal
prerequisites for sustainable growth for us and our customers. The
entire Otimis team and I look forward to being part of Körber and
shaping the supply chain of the future together".