The acquisition expands 365 Retail Markets' reach in the United Kingdom and European markets, where Kafoodle has established a strong presence. Kafoodle's ‘unique’ software simplifies recipe and menu management, nutritional data tracking and allergen regulation compliance for food service operators (FSO).
Joe Hessling, chief executive of 365 Retail Markets, said: "Kafoodle’s technology is truly innovative and aligns with our commitment to providing data-led insight to our clients while streamlining their business processes. We are excited about the possibilities that this acquisition presents."
The acquisition will empower 365 customers to easily create menus that cater to the needs of specific demographics, such as those with dietary restrictions or allergies. Customers of both companies can expect to see new and enhanced solutions in the near future.
Tarryn Gorre, founder and chief executive of Kafoodle, added: “Everyone in the food service industry has the same responsibility to provide key information about the food they serve, and Kafoodle’s mission has always been to streamline how businesses accurately provide data to consumers.”