Kerridge finalises acquisition of tyre industry’s Silkmoth

6 November 2024  

Kerridge Commercial Systems has completed its acquisition of tyre industry web specialist Silkmoth.

Kerridge, a global provider of enterprise resource planning and business management software for distribution, servicing and rental businesses,  said yesterday the move would strengthen its position in the automotive aftermarket.

Silkmoth is a software and web application development specialist focused on the UK and European tyre industry.

The firm’s software solutions help clients with e-commerce, online booking platforms, tyre label and technical data across 200,000 SKUs and an online garage management solution to manage quotations, job management, scheduling, diary management and invoicing.

‘Innovative technology’

Silkmoth MD Carl Dean said: “Our combination represents an opportunity to provide greater value to our customers in the tyre management space, augmenting the pace at which we can provide innovative technology and products that maximise the profit generation capabilities of our customers.

“For our team, this represents an exciting opportunity to grow together with the larger global organisation that is KCS and work towards the goal of becoming a leader in the global automotive market.”

Kerridge CEO Ian Bendelow said the acquisition would allow the company to offer its customers in the tyre industry an even more comprehensive solution, integrating supply chains and strengthening omni channel offerings.

“With this acquisition, we demonstrate again our commitment to the tyre industry.”

Kerridge’s announcement came just weeks after it announced the completion of its acquisition of Vigo Software and finalised the takeover earlier this year of product information management specialist Rain Data.