SAP Announces Intent to Acquire SAF AG
SAP AG announces its intent to make a public tender offer to purchase all shares in SAF Simulation, Analysis and Forecasting AG, global forecasting and replenishment software company in the retail and wholesale industries. Through the intended acquisition, SAP plans to further extend and complement its current planning, forecasting and replenishment solution portfolio for retail and wholesale companies. Both major SAF shareholders, who together hold approximately 38 percent of the shares in SAF, have agreed to accept the SAP offer.
SAF specializes in the development of ordering and forecasting software for the retail, logistics and industrial sectors. The company employs the conceptual demand chain management approach, which aims to allow the process chain to be controlled and optimized by its central driving force - the customer's buying behavior. SAF's three related core products are software engines: SAF SuperStore and SAF SuperWarehouse, targeted at automated goods replenishment for the retail sector, and SAF SuperForecast that can be used for forecast-based planning across all industries. Founded in 1996 and based in Tgerwilen, Switzerland, the company has approximately 100 employees and subsidiaries in the United States, Slovakia and Germany.
SAF specializes in the development of ordering and forecasting software for the retail, logistics and industrial sectors. The company employs the conceptual demand chain management approach, which aims to allow the process chain to be controlled and optimized by its central driving force - the customer's buying behavior. SAF's three related core products are software engines: SAF SuperStore and SAF SuperWarehouse, targeted at automated goods replenishment for the retail sector, and SAF SuperForecast that can be used for forecast-based planning across all industries. Founded in 1996 and based in Tgerwilen, Switzerland, the company has approximately 100 employees and subsidiaries in the United States, Slovakia and Germany.