Blue Yonder to acquire One Network for $839 million - CILT(UK)
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LATEST NEWS

Blue Yonder to acquire One Network for $839 million

02 April 2024/Categories: Industry News, Freight Forwarding, Logistics & Supply Chain


Blue Yonder, has announced the signing of an agreement to acquire One Network Enterprises (One Network) for approximately $839 million, subject to adjustments.

One Network, provider of the Digital Supply Chain Network™, is known for its autonomous and resilience services and is a global provider of intelligent control towers.

Duncan Angove, CEO, Blue Yonder said: “Supply chains have become more complex, and as more and more companies reduce risk by diversifying sourcing of products globally, there is an increased demand for the sharing of information and resources across the whole value chain.

“This, along with increased disruptions and geopolitical risks, have put the pressure on organisations to build more resilient and robust supply chains.”

“Combined with One Network’s capabilities, Blue Yonder will establish itself as a leading supply chain solutions company that can offer a unified, end-to-end supply chain ecosystem that is resilient enough to withstand today’s challenges, and synthesised with innovative, future-focused technologies,” he added.

Blue Yonder say It will allow customers to move from order planning to fulfilment instantly, provide real-time visibility across the supply chain, and unify disparate data silos, enabling a holistic view and prescriptive real-time decision-making.

By tapping into One Network's platform and multi-party network, leveraged by over 150,000 trading partners, Blue Yonder's customers are expected to benefit from an ecosystem that accelerates end-to-end decision-making, offers real-time insights and predictions, shares data seamlessly across the entire multi-tier supply chain, improves supplier and carrier collaboration processes, and enables the journey to autonomous supply chain management.

Greg Brady, chairman and founder: “Supply chains continue to be fragmented and overwhelmed with disruptions. What’s needed is a unified platform that enables multi-tier orchestration, planning and collaboration that accelerates processes with autonomous and semi-autonomous decision-making and execution across trading partners. This is the next step to creating a resilient and collaborative supply chain.”

The closing of the transaction is subject to customary conditions precedent, including necessary regulatory approvals, and is expected to occur in Q2 or Q3 2024.

This deal marks approximately $1 billion in M&A investments covering three acquisitions since Q4 2023 for Blue Yonder, following the acquisitions of flexis AG and Doddle.

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