Narayan AmmachchiBusiness software and outsourcing services provider CGS Inc has acquired its Canadian rival Visual Next, through which it aims to gain wider access to fashion and apparel enterprises in the North American country.
Montreal-based Visual Next offers business applications to footwear, apparel and fashion accessory companies.
Once the deal is closed, CGS aims to create a comprehensive offering for clothing companies by integrating Visual Next’s software assets into its portfolio.
“With a rapidly changing market, along with the trend for unified commerce and the convergence of retail and wholesale, customers are demanding a complete solution to manage all channels of their business,” New York-based CGS stated in a press release.
As a result of the deal, CGS will be able to cross-sell its supply chain management software Bluecherry to the Canadian firm’s large roster of clients in the apparel and fashion industry. BlueCherry provides supply chain visibility with the latest digital technologies.
“Visual Next will bring complementary solutions to the BlueCherry community, extending the value of our joint offering to the ever-evolving retail and wholesale audience,” said Charles Benoualid, CEO of Visual Next.
“This acquisition brings the best end-to-end workflow, from sourcing materials to point-of-sale, to the customers of both organizations.”
Visual next was founded in the 1990s and runs distribution centers across the world, from China to South America.
CGS has considerable presence in Latin America, with the company running half a dozen call centers in Chile alone.
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