TIE Kinetix and SPS Commerce reach agreement on SPS’ acquisition of all TIE Kinetix business and operations
TIE Kinetix N.V. ("TIE Kinetix"), a leader in 100% supply chain digitalization, today announces that it has reached agreement to sell all of its business and operations to SPS Commerce, Inc. ("SPS") for a total purchase price of € 68,35 million, subject to shareholder approval.The transaction is structured as a sale and transfer by TIE Kinetix of all issued and outstanding shares in TIE Kinetix Holding B.V., being the group company directly and indirectly owning of all subsidiaries and operations of the TIE Kinetix group. The transaction is subject to approval of