Blue Yonder to acquire One Network Enterprises for $839m to enhance digital supply chain ecosystem
Blue Yonder, a leader in digital supply chain transformations, has announced a landmark agreement to acquire One Network Enterprises, a renowned provider of the Digital Supply Chain Network, for approximately $839 million. This strategic move is set to redefine the supply chain industry, offering comprehensive end-to-end solutions that address today’s complexities and prepare for future challenges.
The acquisition of One Network Enterprises by Blue Yonder represents a significant leap towards creating a resilient and robust supply chain ecosystem. One Network’s expertise in autonomous services and intelligent control towers, combined with Blue Yonder’s extensive supply chain capabilities, will offer customers unparalleled visibility, optimization, and collaboration across the entire value chain.
Duncan Angove, CEO of Blue Yonder, emphasized the increasing complexities and demands on supply chains, highlighting the need for resilient systems capable of withstanding diverse challenges. “Combined with One Network’s capabilities, Blue Yonder will establish itself as a leading supply chain solutions company that can offer a unified, end-to-end supply chain ecosystem,” said Angove.
The merger promises to deliver an ecosystem that enables real-time, multi-enterprise optimization, and collaboration, bridging gaps from planning to fulfillment phases and offering actionable insights across a multi-enterprise ecosystem. Customers can expect instant movement from order planning to fulfillment, reducing time lags and leveraging AI for prescriptive real-time decision-making.
Greg Brady, chairman and founder of One Network, highlighted the transformational potential of the partnership. “This is the next step to creating a resilient and collaborative supply chain,” Brady stated, pointing to the unified platform’s capacity for multi-tier orchestration and accelerated decision-making.
The integration of Blue Yonder and One Network Enterprises will bring advanced shipment scheduling, telematics tracking, real-time delivery visibility, and the management of exceptions. This unified approach aims to improve collaboration processes, reduce inaccuracies and costs, and enable autonomous supply chain management through advanced AI technologies.
The transaction, expected to close in Q2 or Q3 2024, is subject to customary conditions, including regulatory approvals. This acquisition is part of Blue Yonder’s strategic momentum in the supply chain management space, representing roughly $1 billion in M&A investments across three acquisitions since Q4 2023. The deal follows Blue Yonder’s acquisitions of flexis and Doddle, further enhancing its capabilities in factory planning, sequencing, slotting, returns management, and reverse logistics solutions.