23 August 2019 | Prithvi Pandya
Catering cloud-based service provider The EF Group has acquired menu planning service provider Catercost.
The EF Group, which trades as e-foods, said it plans to expand its software platform to offer fully integrated menu planning, allergen compliance, purchasing and supply for all types of catering.
Development has already begun on a new version of the Catercost cloud-based menu planning software, which is planned for launch in early 2020. This will include enhanced allergen management to ensure ingredient compliance across the supply chain, and other catering efficiency enhancements.
The two businesses will serve hundreds of organisations' catering needs, from contract caterers, leisure and hospitality, to care homes, schools and hospitals.
Catercost's clients can gain the benefits of The EF Group's own e-foods' purchasing software, allowing them to buy from over 600 approved and vetted suppliers, with just one invoice to pay.
Paul Mizen, CEO of The EF Group, said: "The sector is increasingly in need of integrated software solutions to help reduce costs and risk, while ensuring customer satisfaction and availability of ingredients. Our ambition through this acquisition is to meet all of these needs, so caterers of all types can focus on what they are great at."
The EF Group's clients will be able to take advantage of a much broader range of specialist services. In addition to best-value procurement, audited supply management, consolidated ordering and fixed-price agreements, they will now gain additional benefits from menu planning and costing, and essential allergen and nutritional information.