Supply chain software specialist TXT e-solutions is to buy its German rival MSO Concept GmbH in a bid to consolidate its presence in the German market and widen its offering in the fashion industry.

MSO, which is 62 per cent owned by Semikron (a semiconductor manufacturer) and 38 per cent by management, specialises in software for the textiles and apparel, engineering, and light manufacturing industries.

In a statement, Milan-based TXT said its offer is "worth in excess of €2 million."

MSO's 2004 revenues are expected to be around €2.2 million. It has some 30 employees in Chemnitz (Dresden) and Halle (Leipzig).