XeleratedFifty Acquires Terrascope for Sustainable Supply Chain Solutions
XeleratedFifty has acquired Terrascope, a sustainability management platform, from Olam Group Limited. Terrascope will continue its operations under existing leadership, serving customers in over 50 countries. The acquisition aims to enhance investment capacity and strategic partnerships, positioning Terrascope for long-term growth in carbon management and sustainability within complex supply chains, supported by XeleratedFifty's expertise in innovation.
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XeleratedFifty has announced its acquisition of Terrascope, an enterprise carbon management platform, from Olam Group Limited. Terrascope will remain a standalone entity and will continue serving customers in over 50 countries.
The acquisition is expected to enhance Terrascope's long-term growth by leveraging XeleratedFifty's experience in scaling innovation. All existing customer contracts and service agreements will remain intact.
Investment will focus on AI-enabled analytics and compliance with evolving regulations such as the EU Carbon Border Adjustment Mechanism. The acquisition aligns with Olam Group's strategy to divest assets while unlocking value.
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