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15 Mar 2021

Stephenson Harwood advises Elemica on OmPrompt acquisition

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Law firm Stephenson Harwood LLP has advised Elemica, a US-based digital supply chain network for the global manufacturing sector, on its acquisition of OmPrompt, a UK-based technology company.

OmPrompt focuses on helping businesses automate, streamline and optimise supply chain processes and documentation management. Its customers include Kraft Heinz, Mondelez, Unilever, AstraZeneca and Johnson & Johnson. OmPrompt's broad offering – comprising proprietary algorithms, machine learning, artificial intelligence and other tools – will contribute to Elemica's continued development and aggregation of automation technologies. The acquisition complements the company's growth strategy, as Elemica expands its presence into the UK market.

"We are pleased to have worked with Stephenson Harwood for the first time on our acquisition of OmPrompt," said Brad Delizia, Sr Vice President, General Counsel and Corporate Development, Elemica. "The team's clear, pragmatic and commercially-focused advice enabled us to navigate our first foray into the UK supply chain automation market. We look forward to continuing our relationship with the firm's cross-practice team in London as we work towards integrating the businesses and embarking on this next stage of growth."

The Stephenson Harwood team was led by corporate partner Duncan Stiles, who was supported by associates Josh Billig, Harry Wilson and James Day. Further assistance was provided by tax partner Maryanna Sharrock and associate Katie Raine, incentives of counsel David Baxter, employment partner Paul Reeves and associates Imogen Heywood and Elspeth Hunt, COT partner Naomi Leach and associate Kate Ackland, IP partner Alexandra Pygall and associate Maurane van der Stoep, pensions senior associate Naeem Noor, and real estate partner Catriona Berman and associate Katherine Tweed.

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