Global ID adds organic certification services through acquisition
The Paine Schwartz Partners LLC portfolio company said Bioagricert understands the organic production chain.
Brad Riemenapp, CEO of Global ID, said the acquisition is the next step in its growth and position in the food testing, inspection, certification and supply chain services market.
“Importantly, Bioagricert adds organic certification to our global suite of products and services, which will enable Global ID to offer a broader portfolio of solutions to our clients.
“We believe there are significant opportunities to drive growth through our complementary service offerings on a global basis, most notably non-GMO certification, GlobalG.A.P. and our ProTerra sustainability program.”
Bioagricert provides organic certification services to Italian national and international standards as well as product quality certification and other certifications such as Protected Designation of Origin (PDO), Protected Geographic Indication (PGI), GlobalG.A.P. and fair trade.
It certifies about 11,500 operators in Italy and 1,500 internationally in Latin America, Southeast Asia, the Mediterranean and Eastern Europe.
Riccardo Cozzo, managing director of Bioagricert, will lead its international business while Alessandro Lombardi, head of Bioagricert's agribusiness, will lead Italy under Global ID.
Vito Russo and Federico Di Biase, also part of the executive team, will continue as part of the business.
Lombardi, Cozzo, Di Biase and Russo said the deal will allow it to continue to grow and expand reach.
"Consumers across the world are increasingly conscious about the quality and safety of their food and other products, and that joining with Global ID will enable us to better meet the growing global demand for organic and other certifications.”