Trimble to Offer Complete End-to-End Ecosystem for Forestry Supply Chain Management with Acquisition of BOS Forestry
Trimble (NASDAQ: TRMB) announced today that it has acquired Canadian-based BOS Forestry, a provider of collaboration, harvesting, production and lumber sale solutions for small- and medium-sized forestry companies. The addition of BOS Forestry emphasizes Trimble's focus on technologies that address the complete end-to-end ecosystem for forest management, traceability and timber processing. Financial terms were not disclosed.
BOS Forestry's suite of applications provide simplified processes for scale site, log load, yard inventory, contractor settlement, finished goods sales and distribution. In addition, BOS offers a trade portal that facilitates the collaboration of wood supply stakeholders and brings together an innovative network for buyers and sellers to make more informed decisions and improve fiber productivity by leveraging all aggregated log load data transactions. The integration of BOS Trade into Trimble's Connected Forest portfolio provides a key component to enable transparency and visibility across the fiber business.
Trimble's Connected Forest solutions manage the full raw materials lifecycle of planning, planting, growing, harvesting, transporting and processing. The solutions improve decision making at every step—from forest to mill and from land acquisition to product delivery—by combining industry-specialized software and state-of-the-art hardware into solutions for land, forest and fiber management. Trimble offers the most comprehensive supply chain solutions available to the forest industry today.
"Our goal is to continue to expand Trimble's Connected Forest capabilities and we are excited that BOS Forestry will be part of the team," said Ken Moen, general manager of Trimble's Forestry Division. "The forest industry is converging. We are now ideally positioned to enable customers to take advantage of the efficiencies associated with supply chain collaborative planning, information sharing and the integration of sawmill, contractor, log vendor, scale site and transport business data."
"BOS Forestry streamlines wood supply management, settlement and reconciliation processes with powerful analytical tools and collaborative web services," said Grant Sutherland, CEO, BOS Forestry. "The web portal provides a clearinghouse for all wood supply stakeholders and forest industry partners to manage scale tickets, analyze load information and monitor transport. We are delighted to be part of Trimble and look forward to contributing strategically to the Connected Forest and strengthening its forest lifecycle capabilities."