LLamasoft announced it has acquired the Barloworld Supply Chain Software Division, which includes the CAST and OPTIMIZA products and the entire supporting Barloworld Supply Chain team.
LLamasoft and Barloworld also announce the official launch of a major strategic partnering initiative, intended to bring LLamasoft’s cutting edge software and services to drive innovation and efficiencies through the supply chain operations of Barloworld customers worldwide.
However, the acquisition does not cover Barloworld’s key territories of South Africa and the United Arab Emirates, where the two companies will work in partnership.
This latest move is part of LLamasoft’s continued investment and growth in the supply chain design and planning software market.
For each of the last three years, LLamasoft has moved up the ranks on Deloitte’s Fast 500 list of fastest growing North American technology companies and has also been a two-time honoree on the Inc 5000 list of the fastest growing privately-held companies.
This rapid growth highlights a general market trend and focus on supply chain analytics and optimization across a wide range of industries.
“We are thrilled to welcome the Barloworld SCS customers to the LLamasoft community of supply chain design professionals.” said Donald Hicks, LLamasoft founder, President & CEO.
“We are also extremely excited about the advancements that Barloworld SCS has made in their supply chain planning applications, and we believe that our combined engineering talent can bring even more innovative solutions to the market in the coming months and years to come.”
“Working together, LLamasoft and Barloworld will offer unprecedented logistics and technology solutions to customers throughout Africa and the Middle East.”
Richard Forrest, CEO of the Barloworld Supply Chain Software division concludes, “Joining LLamasoft provides exciting opportunities for both our customers and staff. We will form part of a larger supply chain design community driving innovation, deeper domain expertise and knowledge sharing across a variety of supply chain planning platforms.”
“This in turn creates diverse career growth for our staff and more value to our clients and global business partners.”
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