PARIS, FRANCE: Generix Group, Industrial, Logistics and Retail Ecosystems supplier with main Collaborative SaaS Solutions, introduced that it has acquired 100% of its subsidiary Generix Group Portugal.
On March 31, 2022, Generix Group acquired the 50% stake in its subsidiary Generix Group Portugal that was beforehand held primarily by the founding manager, thus increasing the company’s stake on this subsidiary to 100%.
The outgoing supervisor will accompany this long-planned transfer as a half of a transition interval that will guarantee optimum working continuity.
Commenting on this acquisition, Jean-Charles Deconninck, Chairman of the Board, said: “Generix Group Portugal has been rising its enterprise for the previous 15 years thanks to its strong reputation within the B2B Integration markets (EDI, digital invoicing) and to its development in recent years within the Supply Chain Execution market. This operation, in line with the Group’s worldwide development strategy, anchors it in a key territory the place it has additionally arrange a European Shared Services Center since 2018.”
Generix Group is a Collaborative Supply Chain expert current in 60 countries, thanks to its subsidiaries and community of partners. More than 6,000 companies across the world use its SaaS solutions. The group’s 800 employees current daily support for such customers as Carrefour, Danone, FM Logistic, Fnac-Darty, Essilor and Ferrero within the digital transformation of their Supply Chain.
Its collaborative platform, Generix Supply Chain Hub, helps companies to maintain the guarantees they make to their customers. It combines the capabilities to execute bodily flows, digitalize information flows, handle collaborative processes and join companies to all their partners, in actual time.
Generix Supply Chain Hub is aimed in any respect gamers within the Supply Chain: manufacturers, third- and fourth-party logistics suppliers (3PL/4PL) and retailers. Founded in France in 1990, the corporate is listed on the Eurolist market of Euronext Paris, compartment B. www.generixgroup.com