Accenture Acquires Flo Group to Expand Supply Chain Logistics Capabilities in Europe
March 19 2024 - 8:16AM
Business Wire
Accenture (NYSE: ACN) has acquired Flo Group, a leading European
consultancy and Oracle business partner specializing in global
supply chain logistics. This acquisition further enhances
Accenture’s Oracle capabilities in Europe to help clients build
more resilient and agile supply chains that provide end-to-end
visibility. Financial terms of the transaction were not
disclosed.
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Accenture has acquired Flo Group, a
leading European consultancy and Oracle business partner
specializing in global supply chain logistics. (Photo: Business
Wire)
Founded in 2007, Flo is headquartered in Rotterdam, the
Netherlands with additional offices in Argentina and India. Flo’s
280 people 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, lead of the Accenture Oracle
Business Group in Europe, Middle East and Africa. “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 implementation of 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 Europe in a
wide range of industries including 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 acquisition of Flo follows the recent addition of Inspirage,
an integrated Oracle Cloud specialist firm with an emphasis in
supply chain management.
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About Accenture Accenture is a leading global professional
services company that helps the world’s leading businesses,
governments and other organizations build their digital core,
optimize their operations, accelerate revenue growth and enhance
citizen services—creating tangible value at speed and scale. We are
a talent- and innovation-led company with approximately 743,000
people serving clients in more than 120 countries. Technology is at
the core of change today, and we are one of the world’s leaders in
helping drive that change, with strong ecosystem relationships. We
combine our strength in technology and leadership in cloud, data
and AI with unmatched industry experience, functional expertise and
global delivery capability. We are uniquely able to deliver
tangible outcomes because of our broad range of services, solutions
and assets across Strategy & Consulting, Technology,
Operations, Industry X and Song. These capabilities, together with
our culture of shared success and commitment to creating 360°
value, enable us to help our clients reinvent and build trusted,
lasting relationships. We measure our success by the 360° value we
create for our clients, each other, our shareholders, partners and
communities. Visit us at www.accenture.com.
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Francine Fiano Accenture +1 917 452 7393
francine.fiano@accenture.com
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