RegTech Ideagen has expanded its solutions for food quality and safety with its first acquisition of 2023.
The global software company, headquartered in Nottingham, welcomes supply chain mapping company Qadex into the group.
The solution – which brings together every aspect of food safety, from quality management to supply chain tracking and approval – will become Ideagen Qadex.
“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,” said Ideagen CEO Ben Dorks.
“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 it’s stored, how it’s transported, how it’s processed.
“Qadex play an important role in that reassurance. Their software supports over 16,000 food producers to evidence the integrity of their entire supply chain – from field to fork.”
Ideagen – which was taken over by private equity firm Hg Pooled Management for £1.1 billion in 2022 following 12 consecutive years of growth – has a strong pedigree in quality management software and auditable collaboration with a number of well-known consumer goods brands, such as Diageo and Greggs, already using their solutions to support their quality and safety.
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Its offering to the fast-moving consumer goods market now brings together food safety, quality management, compliance, supplier approval and enhanced supply chain mapping, providing visibility for retailers, restaurants and food producers on the source of each ingredient.
Headquartered in Leicestershire – just 12 miles from the Ideagen’s HQ – Qadex boasts a large number of global household names among its existing customer base.
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.”