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Foodbuy enhances procurement capability with acquisition of e-foods

18th Jul 2022 - 06:00
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Compass Group UK & Ireland the ‘UK’s largest food and support services business’ has acquired e-foods which will sit within Foodbuy, Compass’ procurement business.

Manchester based e-foods provides purchase to pay solutions and supply chain management with a portfolio of care home clients and supplier relationships.

Commenting on the acquisition Karl Atkins, managing director for Foodbuy said: “I am delighted to welcome e-foods to our business. It is a fantastic company, with a strong client base. There are many synergies in relation to the sectors in which we work and also the many supplier and client relationships it has.

“I am looking forward to getting to know the team. With inflation continuing to rise, this acquisition enables us to continue to deliver greater protection of supply and added value for our clients.”

The acquisition will see Foodbuy bring its cross-sector expertise to the e-foods business, helping to bring additional value to clients and customers, whilst allowing an enhanced food sourcing and service offering.

Paul Mizen, managing director of e-foods, added: “We are looking forward to joining the Foodbuy family. We are really proud of the business we have built over the last 18 years and believe by sharing our expertise with the Foodbuy team we can identify further opportunities for growth and continue to provide our clients with great food, products and service.”

Written by
Edward Waddell