Accenture announced it acquired Flo Group, a leading European consultancy and Oracle business partner specializing in global supply chain logistics. This acquisition enhances Accenture’s Oracle capabilities in Europe, helping clients build more agile supply chains that provide end-to-end visibility. The financial terms of the transaction were not disclosed.
Launched in 2007, Flo is based in Rotterdam, the Netherlands, with additional offices in Argentina and India. And Flo’s 280 people join the Accenture Oracle Business Group, supporting its capabilities to help clients design their digital core to be ready for supply chain transformation.
Focusing on consulting and implementing Oracle supply chain cloud technology, Flo takes a comprehensive approach to helping clients realize business benefits from their logistics initiatives while producing savings and opportunities for continuous improvement. Flo serves enterprise clients in Europe in various industries, including retail, automotive, consumer goods, manufacturing, mining, energy, chemicals, and government.
This acquisition follows the recent addition of Inspirage, which is an integrated Oracle Cloud specialist firm with an emphasis in supply chain management.
KEY QUOTES:
“Accenture is committed to helping organizations reinvent themselves and build their digital core as a source of competitive advantage. 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.”
– Andrea Cesarini, lead of the Accenture Oracle Business Group in Europe, the Middle East, and Africa
“For 17 years, we’ve been delivering complex supply chain solutions worldwide, as a leading Oracle business partner in supply chain in Europe. By joining Accenture, we can deliver logistics excellence at scale, while creating new growth opportunities for our people.”
– Michiel Keijzer, CEO, Flo Group
