Deals
KKR Invests in Koerber’s $1.7 Billion Supply Chain Software Unit
- Private equity firm continues streak of pandemic dealmaking
- Deal coincides with focus on supply chain vulnerabilities
Source: Koerber AG/Zalando
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KKR & Co. has invested in warehouse-management software maker Koerber AG, at a time when increasing demand pressures are forcing a reexamination of the infrastructure underpinning global supply chains.
The private equity firm will take a significant minority stake in Hamburg-based Koerber’s supply chain software business, according to a statement Tuesday. Financial terms of the transaction weren’t disclosed. The deal values the unit at more than 1.5 billion euros ($1.7 billion), people familiar with the matter said separately.