FoodChain ID acquires technology provider Decernis

FoodChain ID, which offers a platform dedicated to food safety and quality, has acquired Decernis, a provider of technology and content solutions for compliance, safety and risk management.

Financial details of the deal have not been disclosed.

With presence in North and South America, Europe and Asia, FoodChain ID provides integrated food safety and quality solutions to address challenges and tap opportunities in the food industry.

It is a portfolio company of Paine Schwartz Partners, a private equity firm that focuses on investment opportunities in the global food and agribusiness sectors.

FoodChain ID CEO Brad Riemenapp said: “Decernis, with its global clients and coverage, is a strong strategic fit for FoodChain ID, strengthening our customer base and building on our global profile, domain expertise and agrifood industry leadership.

“With Decernis, we are adding scale to our US business and expanding our targeted portfolio through new technology-enabled supply chain compliance and claim verification services. We look forward to working with the Decernis team to drive growth and meet the growing demand for food safety services.”

Headquartered in Washington, DC, US, Decernis offers global compliance and risk management services in the food, consumer products and chemical sectors.

Decernis claimed that its solutions integrate with client processes in order to provide horizon scanning and predictive analytics based on artificial intelligence with regard to supply chain management.

The company also claimed that its solutions provide complete regulatory intelligence software suite, which cover more than 90,000 global regulations in over 200 countries.

Decernis CEO Andrew Waldo said: “Since our founding, we have set out to bring innovative technology and expert knowledge and have worked with our international governmental partners to support product compliance on a worldwide basis and make the task easier for manufacturers, brand owners and retailers.

“By joining FoodChain ID, we will add the resources, certification, international profile, and expanded client base we need to take our business to the next level.”