Finland’s RELEX Solutions acquires Optimity, a supply chain software company
Helsinki-based company RELEX Solutions has acquired Optimity, a global provider of supply chain planning and optimization services. The acquisition intends to integrate Optimity’s expertise into RELEX’s platform, ArcticStartup reports.
- RELEX Solutions specialises in unified supply chain and retail planning solutions that optimize operations, streamline processes, and enhance decision-making for businesses, particularly in the retail and consumer goods sectors
- The company was founded in 2005 by three supply chain scientists —Mikko Kärkkäinen, Johanna Småros, and Michael Falck. Currently, RELEX Solutions has around 1800 employees and 21 offices around the world.
“Our depth in some of the most complex consumer goods industries like bakery, ready-made meals, protein production and industrial manufacturing complements the vast understanding of consumer demand that RELEX has, based on their impressive expertise managing more than $700 billion of demand in grocery alone. We are thrilled to join the RELEX team and further optimize the consumer goods value chain together,”Christer Liden, CEO Optimity, commented.
- Optimity also offers a broad supply chain planning and optimization solution specifically for manufacturers and distributors, with over 80 customers across the food and beverage, and complex manufacturing industries. The company is headquartered in Sweden but has offices around the globe.
- The acquisition will allow to seamlessly incorporate Optimity’s expertise into RELEX’s platform, enhancing the synchronization of demand, supply, production, and distribution planning for a more efficient and streamlined process.