RELEX Solutions Acquires Formulate

May 12, 2022

RELEX Solutions, the Helsinki-based provider of AI-driven retail optimization software, has acquired Formulate, a Swedish promotion planning and analytics company. The acquisition integrates Formulate’s AI-based promotion planning into RELEX’s unified Living Retail Platform to strengthen promotional planning and analytics capabilities for retailers and CPG customers globally.

Buyers
RELEX Solutions
Targets
Formulate
Industry
Software
Location
Sweden
Transaction Type
Buyout

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