Wistech Global completes the strategic acquisition of E2OPEN
Wistech Global has announced the completion of the acquisition of E2OPEN Parent Holdings, Inc. For 3.30 dollars per share, equivalent to the value of an institution of $ 2.1 billion, which is completely funded by debts from a new participation debt facility, and it was previously announced to the market on May 26, 2025.
“This is a really exciting opportunity to create a real value for our shareholders and customers, as well as the trade sector, supply chain and logistics services. Our team has worked on this acquisition for some time, and we are excited to conclude the transaction,” said Zubin Appoo CEO, Zubin Appoo.
“E2OPEN is a strategic acquisition of a group of valuable products, with a powerful customer base and a large -scale network on the cloud, people and products that are very able to enable the global trade and supply chain. The acquisition greatly adds to the total unpredicated global market, with a little overlap in deep products, and we deviate in the field of experts all over the world. Show products in global and local trade Including demand, channel, supply, transportation and logistical services for buyers, importers, exporters, holes, manufacturers and brand owners.
“We are committed to providing continuity of support to the customers of both Wistech and E2OPEN. Together we have a goal to create a multi -level and multi -level market where all parties can work in a connected environment. Trucks, importers, exporters and ultimately consumer.
“I want to acknowledge the wonderful work of the entire Wisech and E2OPEN teams in this first step of our journey together. Take advantage of our confirmed ability with more than 55 acquisitions so far, we will follow an initial approach based on the integration of products and talent with Wistech”, Mr. Appoo explained.
“This deal is a pivotal moment in the successful transformation of E2OPEN,” said Andrew Abel, CEO of E2OPEN. “Over the past few years, we have achieved great progress, refining strategy, and expanding the value offered to customers. I want to offer my deep appreciation to the amazing E2open team for their hard work and commitment, to our board of directors for their supervision, and for our shareholders, I am enthusiastic about our future. And global supply chains.”