M&A Deal Summary

RELEX Solutions Acquires Formulate

On May 12, 2022, RELEX Solutions acquired software company Formulate

Acquisition Highlights
  • This is RELEX Solutions’ 2nd transaction in the Software sector.
  • This is RELEX Solutions’ 1st transaction in Sweden.

M&A Deal Summary

Date 2022-05-12
Target Formulate
Sector Software
Buyer(s) RELEX Solutions
Deal Type Add-on Acquisition

Target

Formulate

Stockholm, Sweden
website
Formulate is a provider of promotion planning, analysis, and execution software for grocery, pharma, and convenience retail. Formulate helps retailers identify which promotions they should stop, start or adjust, so they can make their campaigns more profitable, efficient, and sustainable. Formulate is based in Stockholm, Sweden.

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Buyer(S) 1

Buyer

RELEX Solutions

Helsinki, Finland

website


Category Company
Founded 2005
Sector Software
DESCRIPTION

RELEX Solutions is a provider of integrated retail and supply chain planning system that delivers impressive results for customers around the world. Through precise demand forecasting, automated replenishment, revolutionary space planning and assortment optimization, RELEX helps businesses plan better, sell more and waste less however fast the market changes. RELEX Solutions was founded in 2005 and is based in Helsinki, Finland.


DEAL STATS #
Overall 3 of 3
Sector (Software) 2 of 2
Type (Add-on Acquisition) 3 of 3
Country (Sweden) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-11 Forecast Solutions

Barcelona, Spain

Forecast Solutions is a software and consulting company specialized in the optimization of the supply chain in the areas of demand planning, inventory optimization, purchasing management and S & OP. It belongs to the T-Innova group dedicated for more than 30 years to the development of cutting-edge technologies in process automation and management software. DIP (Demand & Inventory Planner) is a specialized and modular software, aimed at SMEs that complements ERPs and helps companies to make reliable sales forecasts and ensure the right stock at the right place at the right time with the objective of minimize inventories, avoid excesses, breakages and improve margins. It facilitates the analysis of data through its system of alerts, graphs, indicators, simulations and scorecards.

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