Supply Chain Leader Completes $425 Million Acquisition


E2open, a provider of supply chain solutions, has signed a definitive agreement for the acquisition of Amber Road in a deal worth approximately US$425 million.

According to a statement, Amber Road’s cloud-based platform for global trade management aids businesses in all sectors, including Global 1000 companies, with digitizing their supply chain across such processes as sourcing, logistics and trade compliance.

As part of the agreement, a subsidiary of E2open will commence a tender offer for all the outstanding shares of Amber Road, and the company’s Board of Directors has recommended that shareholders tender their shares following the offer.

Read an interview on E2open's acquisition of another logistics giant: The Future of INTTRA: Q&A with Inna Kuznetsova Part I

By combining their resources, E2open and Amber Road will allow customers to operate their entire end-to-end supply chain from one cloud-based location.

In addition to this, Amber Road will offer E2open and its customers trade management solutions to automate import and export processes, “comprehensive sourcing solutions” and a network of global trade partners.



Michael Farlekas, President and CEO of E2open, commented: “In joining forces we envision a solution suite with accelerated innovation to connect, streamline, and operate all aspects of global sourcing, manufacturing, logistics, distribution, trade and compliance, resulting in immediate benefits for all stakeholders.

“Using a combination of enterprise-class software, intelligent trade content, and a global trade network, Amber Road has transformed the manner in which companies manage global trade and established itself as the thought leader in this space.

“We believe combining Amber Road’s advanced trade management and supply chain capabilities with E2open’s end-to-end networked supply chain solutions will further improve margins, lower risks and drive operational flexibility and efficiency for our customers.”

Dr. Noel Hacegaba, Port of Long Beach, discusses supply chain efficiencies in a recent Port Technology technical paper

James Preuninger, CEO of Amber Road, said: “The combination of E2open’s supply chain and logistics technologies with Amber Road’s global trade management platform will also allow customers to more fully digitize their operations and better compete in global markets.

“The deal will also deliver an excellent return for Amber Road’s shareholders, as the $13.05 price per share being paid by E2open represents roughly a 45% premium to Amber Road’s 90-day average closing price.”

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