SAP Completes Acquisition of Taulia
WALLDORF – March 10, 2022 — SAP SE (NYSE: SAP) today announced it has completed the acquisition of a majority stake of Taulia, a leading provider of working capital management solutions.
J.P. Morgan will continue to maintain its equity stake in the fintech.
“With Taulia now an official part of our solution portfolio, we can help companies gain financial flexibility and stability and contribute to making supply chains more resilient,” said Luka Mucic, CFO of SAP.
The acquisition further expands SAP’s business network and strengthens SAP’s solutions for the CFO office. Taulia’s solutions will both be tightly integrated into SAP software as well as continue to be available standalone. Taulia will operate as an independent company with its own brand within the SAP Group.
This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP’s 2021 Annual Report on Form 20-F.
© 2022 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.