KKR completed the acquisition of a minority stake in Korber’s supply chain software business.

KKR completed the acquisition of a minority stake in international technology group Korber’s supply chain software business. Financial terms were not disclosed. “I’m excited about this strategic partnership and the tremendous business opportunities evolving out of it. It is in Körber’s DNA to identify and develop attractive growth areas. With our supply chain software offerings, we strive to have a rich end-to-end application suite that provides enhanced software solutions to our customers all around the world. With KKR we have found a great business partner to accelerate our growth for supply chain software across additional products and regions. Always with one clear vision: market leadership through technology leadership for the benefit of our customers," Stephan Seifert, Korber CEO.