With the IMS acquisition, AFS Technologies now provides more than 800 customers in the food and beverage manufacturing, processing, and distribution segments with a broad solutions-based product portfolio, tailored specifically to unique needs of the channel. This modularly designed system offers profit-optimizing solutions for Distribution, Sales & Marketing, Financials, Processing, Warehouse Management, Transportation, E-commerce and Database Services, featuring PROFILE®, the industry’s largest database of product information and recipes.
“The acquisition of IMS allows AFS to further enhance its already-powerful presence in the seafood, meat processing and distribution space in the food and beverage channel,” stated Kurien Jacob, ceo of AFS Technologies.
“AFS’ acquisition of IMS represents a very positive step forward for both our customers and our products,” said Merle Von Gruben, president and ceo of IMS. “We have built IMS from the ground up by providing our clients with state-of-the-art products that have steadily evolved and improved. AFS’ unique ability to leverage its world-class product development resources ensures that the pace of product enhancements and upgrades will accelerate in the future, providing IMS customers with a clear roadmap for technology upgrades at less-than-market costs.”
This transaction marks the third major acquisition completed by AFS Technologies over the past seven months. In August 2008, the company acquired IRM Corporation and Motek. These recent transactions have complemented AFS’ other acquisitions of Sales Partner Systems (sales automation for distributors), Astra (ERP and processing systems for seafood providers) and DMS (ERP systems for food and beverage distributors), creating unrivaled channel intimacy in the food and beverage space.