Foods Connected acquired HarvestMark Quality Insights, a food quality inspection and insights solution, from iFoodDS.
The acquisition adds more than a decade of quality inspection expertise to the Foods Connected platform, and significantly expands its presence in the United States and Australia alongside its already established base in Australia and across the United Kingdom and Europe.
"This acquisition strengthens what we can offer our customers, bringing a decade of quality inspection expertise together with our existing strength in supplier management, PLM and specifications, and procurement. It also significantly grows our presence in North America and Australia. We are excited to invest in the quality insights solution and support its continued growth as part of Foods Connected," says Roger McCracken, CEO, Foods Connected.
“This transaction positions the HarvestMark Quality Insights team and platform for continued growth and investment under Foods Connected, while allowing iFoodDS to increase its investment in Trace Exchange,” says Scott Mathews, CEO of iFoodDS. “We remain committed to advancing traceability across the food industry and helping companies build more connected, transparent and regulation-ready supply chains."
Key takeaways:
· As part of the transaction, the HarvestMark Quality Insights product and team join Foods Connected. iFoodDS continues to operate independently, remaining focused on traceability through its Trace Exchange platform.
· Foods Connected provides tools for food manufacturers, retailers and foodservice businesses to manage supplier compliance, auditing, food safety, product lifecycle management, specifications and procurement across their supply chains.
