Ingka Investments, the investment arm of Ikea’s franchisee Ingka Group, has announced the acquisition of supply chain software firm Made4net for an undisclosed amount. The move is part of Ikea’s ongoing efforts to optimise its supply chain and enhance its omnichannel operations.
The acquisition of Made4net showcases Ikea’s commitment to optimising its supply chain, improving its omnichannel capabilities, and delivering a seamless shopping experience to its customers worldwide.
Made4net’s technology will be deployed across Ingka Group’s stores, enabling the company to improve its fulfillment capabilities, accelerate deliveries, and enhance order accuracy. By leveraging Made4net’s platform, Ikea aims to achieve a seamless shopping experience for customers, both online and in-person, by integrating its store and warehouse inventories effectively.
Made4net will continue to operate as an independent subsidiary, retaining its New Jersey headquarters and six international offices. The current CEO, Duff Davidson, and the leadership team will remain in their positions, ensuring continuity and expertise in the company’s operations.
The acquisition comes as Ikea plans to invest over US $ 2.2 billion in its omnichannel growth strategy in the United States. The funding will be allocated to strengthen the company’s fulfilment network, as well as the expansion of its physical footprint. This includes the opening of eight new stores, nine plan and order stations, and 900 pickup locations.
