Home / Knowledge / News / Information Technology / With Eqos acquisition Trace One opens up the UK market
With Eqos acquisition Trace One opens up the UK market
12
Dec '09
Leader in e-collaborative solutions for managing private label products in food, household cleaning and cosmetics & personal care, Trace One, has acquired Eqos, a UK enterprise, leader in online sourcing solutions for retailers in several sectors. The e-collaborative solutions of the new group will enable retailers in all categories to facilitate the development of their private label products.

In a private label product market undergoing permanent growth (more than 30% market share, by volume, in seven European countries in 2009 ), Trace One is a high-performance player for accelerating innovation, facilitating the development of private label products, reducing time-to-market, managing the information linked to products, and guaranteeing their quality and food safety for the consumer.

“This acquisition marks a major step in our mission to provide e-collaborative business platforms for retailers and manufacturers of all sizes, in all categories, throughout the world, for accelerating secured development of their offering in private label products”, declares Jérôme Malavoy, CEO and founder of Trace One. “We are delighted to welcome the Eqos teams, and are convinced that the synergies created through the association of our competencies and our solutions will create real value for all of our clients.”

“We are proud to join Trace One,” declares on his side, Mike Quinn, CEO and co-founder of Eqos. “I am convinced that together, we will be able to enrich our technologies and our solutions, continuing to support growth for our clients, retailers and manufacturers of all sizes.”

With consolidated turnover of 20M€ and 140 employees, the new group becomes the European leader in solutions for managing private label products. Its clients include retail leaders in Europe, such as Carrefour, Auchan, Casino, Tesco, Sainsbury's, Lidl, Carrefour Spain, Eroski, Carrefour Belgium, as well as 6,200 manufacturers in the food and non-food sectors.

With this acquisition, Trace One, already established in France and Spain, opens the United Kingdom market, and can now count five offices around the world, in Paris, Madrid, London, Boston, and Hong Kong.

Trace One


Must ReadView All

Textiles | On 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search