View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
November 7, 2005

Kewill enhances software range with Interchain buy

Supply chain software provider Kewill Systems Plc has paid 11.2m euros ($13.2m) cash for Interchain Holding BV, a privately owned company whose Chainware software is designed for multinational Logistics Services Providers.

By CBR Staff Writer

When Interchain’s 1.2m euros ($1.4m) cash balance is taken into account, Kewill said the cost of the deal falls to 10m euros ($11.8m).

Kewill said a combination of its existing international trade, shipping, and order-management software with Interchain’s supply chain offerings would create a powerful single source of software and services for end-to-end management of orders.

Zwijndrecht, the Netherlands-based Interchain has more than 100 employees and a 150-strong customer base that includes LPSs Fedex, TNT, UPS, Frans Maas, DHL, Texas Instruments, Philips, and Mitsubishi.

In its latest financial year to December 31, 2004, Interchain made profit before tax of 559,000 euros ($660,179) and had gross assets of 4.8m euros ($5.7m) at that date. Kewill expects the acquisition to be earnings-enhancing in the financial year to March 31, 2006.

Content from our partners
Rethinking cloud: challenging assumptions, learning lessons
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.