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Synopsis
FSN Capital-backed Ecovium, a logistics IT specialist, completed the acquisition of Mantis, an international WMS vendor. Financial terms were not disclosed. “Logistics is increasingly global, spanning multiple companies. Our customers must meet diverse requirements more and more quickly because logistics processes know no borders. A single IT provider is no longer able to support all processes. That’s why we have positioned ourselves as a group with interlocking logistics modules. Through the complementary portfolio and know-how of Mantis, we can offer our customers international supply chain management solutions,” Jasmino Burkic, Ecovium CEO.
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