Kewill announces $115m acquisition of LeanLogistics

Kewill, a provider of supply chain software, has announced an agreement to purchase LeanLogistics from parent Brambles Limited for US$115m. LeanLogistics is a provider of transportation solutions for shippers, with TMS customers across the US and Europe, and a supporting network of over 14,000 carriers. According to the announcement, the LeanLogistics cloud-based platform manages over $10bn of annualized freight spend for their customers.

Doug Braun, CEO of Kewill, said of the acquisition, “We are absolutely thrilled to have LeanLogistics join the Kewill team. Their solutions are feature rich, highly scalable and managed by a skilled team and we are excited to support the ongoing growth and investment in LeanLogistic’s platform. We believe our global platform will help accelerate LeanLogistics already impressive growth through leveraging our extensive European and Asian networks.”

Dan Dershem, President and CEO of LeanLogistics added, “Our tenure with Brambles has provided us the opportunity to invest in our solution, expand into different countries, and has been a tremendous learning experience, but as we strive to deliver value for our customers every day, there is power in combining with a global supply chain execution company. The global transportation market is ready for a clear leader.”

Kewill MOVE is a supply chain platform that is designed to enable shippers, carriers, freight forwarders and customs brokers to move product around the globe. Jim Hoefflin, President & COO of Kewill, said, “We see LeanTMS as a huge step forward for Kewill. New components, like LeanDex for freight rate indexing, have applicability across many of our 7,500 customers. And when you combine our two carrier networks, we will have by far the largest in North America.”

Following the acquisition, LeanLogistics, located in Holland, Michigan is set to become Kewill’s largest office.

Source: Kewill, Brambles Ltd.