Global software company Ideagen has expanded its food quality and safety services with the acquisition of supply chain mapping company Qadex.
Following the deal it will create a new division working in food safety, supply chain tracking & approval, quality management and compliance called Ideagen Qadex.
Nottingham-based Ideagen provides global software and services to customers in industries such as aviation, financial services, life-sciences, healthcare and manufacturing, and has operations throughout the UK, US, Europe, Middle East and South-East Asia.
It has seen substantial growth in recent years, investing heavily in acquisitions, and was sold last summer to an investment company in a deal worth more than £1 billion. This is its first deal of 2023.
The business already has experience in quality management software, working with well-known consumer brands such as Diageo and Greggs, which already use its services to support their quality and safety.
Qadex is headquartered in Leicestershire and has a number of global household names among its existing customer base.
Ideagen chief executive Ben Dorks said: “Qadex is another example of a great technology businesses with roots in the Midlands. I have already had the opportunity to meet the Qadex team in person and welcome them into the Ideagen family.
“Ideagen support the safe hands and quiet voices that protect the world – and if there’s one thing the whole world needs to have confidence in, it’s the safety of our food supply chain.
“We want to trust that the food we put on the table, to feed our families is safe to eat and has been handled with care at every step of its production – how its raw ingredients are farmed, how its stored, how it’s transported, how it’s processed. Qadex play an important role in that reassurance.
“We are incredibly pleased and proud to be bringing them into the Ideagen family, their software supports over 16,000 food producers to evidence the integrity of their entire supply chain – from field to fork.”
Qadex founder Stephen Whyte said: “Joining Ideagen creates great opportunities for our amazing people and customers.
“Deploying Qadex software across the Ideagen global footprint has the potential to transform the safety of our food supply chain.”
