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Synopsis
Eurazeo-backed Elemica, which provides supply chain operating network solutions for the process industries, completed the acquisition of Eyefreight, a global provider of multi-modal SaaS Transportation Management Solutions. Financial terms were not disclosed. “Of all the SaaS TMS solutions on the market, Eyefreight’s stands out because it was built to be implemented rapidly, to address all modes, and to meet the needs of shippers with operations all over the globe. This acquisition is part of our long-term strategy to provide the most comprehensive end to end supply chain platform available in the market by combining the best of breed SaaS applications with our core digital supply network,” Rich Katz, Elemica CEO.
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