Elemica, a cloud-based digital supply network for the global process industries, announced that it has successfully concluded its acquisition by Eurazeo, the global investment company headquartered in France, with offices in New York, Paris, Sao Paulo, Seoul, Shanghai, London, Luxembourg, Frankfurt and Madrid.
“This new partnership with Eurazeo will help accelerate our move into new adjacent market segments and support our continued development of innovative digital transformation solutions such as Blockchain, AI, and the Industrial Internet of Things,” said Rich Katz, President. “The commitment to our solutions enables our clients to achieve the interoperability and the visibility they need inside and outside of the four walls of their enterprise, helping them automate and integrate business processes, reduce risk, and thereby improve their profitability.”
The company’s mission of connecting our clients to their material suppliers, logistics service providers, and customers, enhances and improves their supply chain processes. The global operations and industry ambitions of the company together with the new partnership will continue to generate value for their clients.
“We are delighted to announce the partnership with Elemica,” said Eric Schaefer, Managing Director of Eurazeo Capital. “Elemica is a key supply chain technology provider with substantial growth potential. With our support, expertise and international network, Elemica will accelerate its development in new industries, geographies and product offerings.”