Accenture purchased Flo Group, a European consultancy and Oracle business partner that specializes in global supply chain logistics. This transaction is expected to enhance Accenture’s Oracle capabilities, especially in Europe, to help clients build more resilient and agile supply chains that provide end-to-end visibility. Financial terms were not disclosed.
Flo was founded in 2007 out of Rotterdam, Netherlands, and has additional offices in Argentina and India. Its 280 staff members will join the Accenture Oracle Business Group, bolstering its capabilities to help clients design their digital core to be ready for supply chain transformation.
“Accenture is committed to helping organizations reinvent themselves and build their digital core as a source of competitive advantage,” said Andrea Cesarini, leader of the Accenture Oracle business group in EMEA. “Together with the Flo team – a highly valued Oracle partner with deep skills in designing, building and running complex logistics platforms – we can unlock even more value for our clients in Europe.”
With a focus on consulting and implementing Oracle supply chain cloud technology, Flo takes a holistic approach to help clients realize business benefits from their logistics initiatives while producing savings and opportunities for continuous improvement. Flo primarily serves enterprise clients in industries such as retail, automotive, consumer goods, manufacturing, mining, energy, chemicals and government.
“For 17 years, we’ve been delivering complex supply chain solutions worldwide, as a leading Oracle business partner in supply chain in Europe,” said Michiel Keijzer, CEO, Flo Group. “By joining Accenture, we can deliver logistics excellence at scale, while creating new growth opportunities for our people.”
The purchase also follows the recent addition of Inspirage, an integrated Oracle Cloud specialist firm with an emphasis on SCM.
For information on Accenture’s partner program, click here.
