• News
  • People
  • Long Read
  • Opinion
  • Weekend Wrap

Breaking News

RELEX strengthens Spanish presence

“Joining forces gives us a powerful presence in Spain that will allow us to serve our customers in the region while winning new ones,” says Relex CEO Mikko Kärkkäinen.

Finnish unified retail planning solution provider RELEX Solutions has acquired its Spanish distribution partner, Forecast Solutions.

The two companies have been working together since 2016. Forecast Solutions’ Barcelona headquarters will now become the foundation of RELEX’s 11th international office.

The retail planning and space optimisation company is thus poised to offer Spanish retailers a range of forecasting, replenishment, space and assortment solutions. These help them raise levels of customer service while cutting inventory and waste.

“Our goals, ethos, and commitment to retail planning excellence are identical,” says Anna van Ginkel, co-founder and CEO at Forecast Solutions. “Spanish retail needs what RELEX has to offer and by combining our market knowledge with RELEX’s technology and resources we have a great opportunity to give retailers here the same advantages enjoyed by their peers from San Francisco to Hong Kong.”

Forecast Solutions also has an established customer base in the Latin American market, with the region now on the radar for RELEX’s future plans.

Published on 12.01.2018