SupplyOn acquires Newtron
Hamburg / Hamburg / Dresden, January 11th, 2017 – Newtron AG, one of the leading providers of electronic solutions for optimizing business relations between suppliers and buying companies, has a new shareholder. With retroactive effect starting January 1st, 2017, SupplyOn AG acquired the IT service provider from its previous owner, Liechtensteinische Post AG, which is realigning its strategy.
SupplyOn, located in Hallbergmoos near Munich, is the supply chain collaboration platform for global manufacturing companies, including the Airbus Group, Bosch, Continental, Liebherr, Schindler, Siemens, Schaeffler, Yazaki and ZF. These and numerous other companies use SupplyOn as a central online platform for handling business processes with suppliers and service providers spanning all continents in a structured, transparent and secure manner. Michael Bibow, CEO of Newtron AG: “We welcome SupplyOn as our new shareholder. This will provide us with the financial stability and investment security we need to remain on our growth trajectory. As a result, we will continue to be an attractive and reliable business partner for our customers. Our customers will also benefit from SupplyOn’s global presence when expanding their global procurement activities.”
Markus Quicken, CEO of SupplyOn AG, commented on the strategic decision to buy Newtron: “With the acquisition of Newtron AG, SupplyOn strengthens its position as a service provider for the entire range of procurement processes. SupplyOn has its roots in the procurement of production material. This is a strategically important area of purchasing for manufacturing companies with unique requirements not covered by many e-procurement solutions. With the acquisition of Newtron, we can now provide our customers and the market with a standardized system to uniformly procure all commodities. This is a future-oriented step that will greatly benefit our customers.”
The fusion of both companies’ know-how and solutions will have numerous advantages for the customers of both companies. SupplyOn customers will profit in particular with regard to indirect purchasing from Newtron‘s know-how in catalog and e-procurement solutions. In return, Newtron customers can now take advantage of a global supply chain collaboration platform that professionalizes global working relationships with suppliers, and thus tap into the most important procurement markets in Asia as well as North and South America.
The Newtron brand and the solutions offered under this brand name will be retained, as will the two Newtron locations in Hamburg and Dresden with around 45 employees.
The parties have agreed not to disclose the purchase price.