Transaction Announcement
October 24, 2012. Phoenix, AZ. AFS Technologies, the leading provider of integrated software solutions to the consumer packaged goods (CPG) industry, has acquired MEI, a global provider of trade promotion management (TPM) solutions to consumer packaged goods manufacturers.
The two acquisitions reinforce our Company’s ability to enhance the value of our business automation solutions and drive customer profitability improvement for manufacturers, broker/sales agencies, distributors, and operators in the retail and foodservice channels. MEI customers will realize the benefit of an expanded offering of AFS products and services to support their ongoing business needs.
Kurien Jacob, CEO, AFS Technologies