06 September 2007 | Antony Barton
Hospitality e-procurement company Makella expects almost three-fold growth in its business over the next three years, following its recent acquisition by US firm Amphire Solutions.
Makella, which provides e-sourcing, online ordering, contract management and reporting for the food and beverage supply chain, aims to increase its transactions to 2.5 million every year, at a value of over £2 billion over the three years.
Liam Taylor, Makella's managing director, said 40 per cent of this growth would come from acquisition in the UK and Europe, with 60 per cent from organic growth.
He attributed the growth potential to independence from previous owner Bidvest Foodservice Group, which will open up a broader supply base and allow the acquisition of businesses that provide complementary supply chain management technology.
The Amphire link should also give it access to US systems that provide greater visibility of costs in the supply chain, such as rebate management.
Taylor added: "There are hotel and restaurant groups making the first tentative steps towards global purchasing and global management of their supply chain and, with our transatlantic position and plans to move into Europe and Asia, we are in a position to provide that."