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Blume Global acquires LiveSource

Monday 10 January 2022 12:06 CET | News

Blume Global, a provider of supply chain sourcing, procurement, execution, and visibility technology solutions, has acquired LiveSource, a supply chain business network for manufacturers.

The company, which has offices throughout North America, Europe and Asia, provides sourcing and procurement orchestration technology, among other solutions, to the automotive and industrial manufacturing sectors.

As of January 1, 2022, all LiveSource employees are part of Blume Global, which has the capabilities to fully support existing LiveSource customers throughout the world. The deal will give current LiveSource customers access to Blume's logistics execution technology and supply chain management expertise, empowering these customers with total control of the freight transportation end of their operations and giving them transparency to alternative suppliers. Blume's multimodal international TMS and multi-leg transportation visibility capabilities complement LiveSource solutions.

Blume will incorporate LiveSource subsidiaries in Switzerland and France. LiveSource operations in the US and Europe will maintain their ISO 27001 certification and GDPR compliancy.


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Keywords: acquisition, supply chain finance, merger
Categories: Banking & Fintech
Companies: Blume Global, LiveSource
Countries: World
This article is part of category

Banking & Fintech

Blume Global

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LiveSource

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