CapVest acquires Kerridge Commercial Systems

Fred Raikes, Principal at CapVes

Funds managed by CapVest Partners LLP, an international private equity firm, have agreed to acquire Kerridge Commercial Systems, a leading global provider of enterprise resource planning (ERP) software for distribution, servicing and rental businesses, from Accel-KKR, a global technology-focused investment firm. KCS’s leading vertical specific software and services are delivered to a global base of […]

Oatey Co. appoints Matt Stem as Vice President, distribution and global logistics

Matt Stem

Oatey Co., one of the leading manufacturers in the plumbing industry since 1916, recently announced that Matt Stem will join the organization as Vice President, Distribution and Global Logistics, reporting to Scott Voisinet, Senior Vice President, Supply Chain. With nearly 25 years of experience in logistics and operations, Stem comes to Oatey from Spray Products […]

ABB to deliver robots for Scania automated battery assembly plant

ABB has entered into an agreement with leading global transport solutions provider, Scania, to provide a comprehensive range of robotic solutions for Scania’s new highly automated battery assembly plant in Sweden. The new facility will be a key milestone on Scania’s journey towards the electrification of heavy vehicles. Scania will invest more than SEK 1 […]