Wacker Neuson Enters Digitized Logistics JV

May 20, 2022

Wacker Neuson has joined PORR Equipment Services and Umdasch Group Ventures in a joint venture to create a digital platform for core processes in construction logistics called Sequello Austria.

Closing of the transaction is subject to antitrust approval, which is expected in the coming months.

“At Wacker Neuson, we are always searching for solutions to make everyday life easier for our customers and boost efficiency,” said Alexander Greschner, CSO of Wacker Neuson SE. “And this is exactly what the Sequello construction logistics platform does. Digitizing order, delivery, and billing processes offers our customers real added value and we see major potential to develop Sequello into an industry-wide solution. That is why we are contributing our industry insights and expertise as well as human resources to this joint venture with PORR and Umdasch Group Ventures.”

Optimized process management and smart logistics increase construction workflow productivity. The Sequello construction logistics platform digitizes and simplifies processes along the entire value chain that were previously paper-based.

Specifically, construction companies can use it to place electronic orders with their suppliers, for instance for concrete or backfill materials such as gravel and ballast, check order status online, and enter all data every step of the way up to invoice verification. There are also plans to integrate additional modules in the platform, such as construction equipment and machinery rentals. This will enable customers and suppliers to collaborate even more productively, digitizing processes, minimizing sources of error, and saving time.

Source: Wacker Neuson