HighJump Software Completes Acquisition of Delivery Management Solutions Provider Global Beverage Group Inc.
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EDEN PRAIRIE, Minn-HighJump Software, a 3M company, has completed its acquisition of Global Beverage Group Inc. (GBG), a provider of delivery management solutions for the direct-store-delivery of consumer packaged goods.
HighJump Software helps customers streamline supply chain operations from the original source of materials through final delivery to the end customer. Focusing on the last mile of delivery, GBG software helps route drivers improve merchandising, delivery and reconciliation of routes. These software solutions provide capabilities for specific markets, including soft drinks, beer, baked goods, wine and spirits, and snack foods. More than 500 consumer packaged goods companies rely on GBG's solutions to manage shelf space and branded products.
Complementary acquisitions such as this support both 3M and HighJump Software's core business and growth strategy to expand into adjacent markets. HighJump Software continues to strengthen its ability to deliver supply chain execution solutions to meet the increasing demands of global supply chains.
About HighJump Software, a 3M Company
More than 1,300 customers worldwide are transforming their supply chains with solutions from HighJump Software, a 3M company. HighJump Software is a leading provider of supply chain execution solutions that streamline the flow of inventory and information from source through consumption. HighJump Software's functionally rich, highly adaptable solutions create a global execution platform spanning the supply network, manufacturing, warehousing, transportation and delivery. As an independent subsidiary in the 3M family of companies, HighJump Software delivers on a century-old commitment to innovation and quality.
About 3M - A Global, Diversified Technology Company
Every day, 3M people find new ways to make amazing things happen. Wherever they are, whatever they do, the company's customers know they can rely on 3M to help make their lives better. 3M's brands include icons such as Scotch, Post-it, Scotchgard, Thinsulate, Scotch-Brite, Filtrete, Command and Vikuiti. Serving customers in more than 200 countries around the world, the people of 3M use their expertise, technologies and global strength to lead in major markets including consumer and office; display and graphics; electronics and telecommunications; safety, security and protection services; health care; industrial and transportation.
Scotch, Post-it, Scotchgard, Thinsulate, Scotch-Brite, Filtrete, Command, Vikuiti, and HighJump are trademarks of 3M.
Contacts
3M, St. Paul
Media Contacts:
3M
Donna Fleming, 651-736-7646
or
HighJump Software
Katie Wolfe, 952-563-5297
or
Investor Contacts:
3M
Matt Ginter, 651-733-8206
or
Bruce Jermeland, 651-733-1807
